Source: TechCrunch
Summary
Google reported a significant increase in paid subscriptions in the first quarter of 2023, with 25 million new additions, bringing the total to 350 million. This growth is attributed to the popularity of YouTube and Google One services.
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The update arrives with confidence.
Google’s paid subscriptions have grown by 25 million in Q1, with YouTube and Google One leading the charge. This is the latest milestone in the company’s efforts to diversify its revenue streams. The numbers look impressive, but it’s just another step in the decades-long journey of getting people to pay for stuff they already use. Because what’s new is always just what’s old, rebranded.
Author: Evan Null
