YouTube says all those ads you watch are worth it

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Music streaming subscriptions are on the rise, but YouTube isn’t intimidated.

The video giant reported Tuesday that it paid out $1 billion to the music industry based solely on advertising. In a blog post titled “A billion reasons to celebrate music on YouTube,” the company elaborates on why the music industry should embrace advertising and subscription models for digital services. 

YouTube is one of several digital services that is contributing to the rise of revenues for the music industry, which has suffered from a decline over the last decade.  Read more…

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