Internet users watch 100 million hours of YouTube video on TV every day

Total hours of daily YouTube video viewing on televisions rose 70 percent to 100 million in the past quarter. That said Google CEO Sundar Pichai during the announcement of the quarterly figures of Alphabet.

According to the Google CEO, this concerns the number of hours that are watched ‘in the living room’ via Internet-connected televisions. Many smart TVs have a built-in YouTube app, and many users also watch via an external device such as a Chromecast or game console. The number of hours that YouTube users watch via TV is therefore a fraction of the total viewing time. At the beginning of this year, YouTube announced that viewers watch a total of one billion hours of video every day. YouTube has a total of 1.5 billion users. On average, they watch their mobile for an hour a day.

Alphabet’s quarterly revenue rose 24 percent to $27.77 billion. Earnings were $6.7 billion, an increase of 31 percent. By far the largest part of the revenue comes from Google: 27.4 billion dollars. Of that, $24 billion came from advertising. Cost-per-click, which reflects the value of an ad, grew slightly by one percent, after more than five quarters of decline. At the same time, Google is confronted with a slight increase in traffic acquisition costs. Google pays Apple, among others, to remain iPhone’s default search engine.

Google has been trying to become less dependent on ads for some time. In the quarter, $3.4 billion came from Google other revenues, such as Google Cloud and Google Play. Last year it was 2.4 billion dollars. Revenue from ‘Other Bets’, which includes the Waymo autonomous driving division, Nest and the Google X projects, rose from $197 million to $302 million. Other Bets is still loss making; the division fell $812 million in the red. Last year that was a loss of $861 million and last quarter the loss was $722 million.