YouTube's ad revenue in 2025 was higher than Hollywood studios

YouTube generated $40.4 billion in advertising revenue in 2025, which is more than Disney, NBC, Paramount, and Warner Bros Discovery's combined ad revenue of $37.8 billion, according to data from MoffettNathanson. This shows a shift in content consumption and advertisers' strategies. In 2024, YouTube's ad revenue was $5 billion less than combined ad revenue of Hollywood’s major studios.