YouTube paid US$30 billion to creators, media companies, over last three years

SAN BRUNO, Calif. — In an open letter on YouTube’s blog on Tuesday, company CEO Susan Wojcicki said the video-sharing service has paid out more than US$30 billion to creators, artists and media companies over the last three years. Wojcicki also said YouTube’s creative ecosystem contributed approximately US$16 billion to U.S. gross domestic product in 2019, while supporting the equivalent of 345,000 full-time jobs in the U.S., referencing an Oxford Economics report. Her letter outlines YouTube’s priorities for 2021, which include “growing the creator economy, living up to our responsibilities, helping people learn new skills, and building for the future...