YouTube mobile ad revenues surge over 6 months

06/5/2013 | Bloomberg

Mobile ad sales on Google's YouTube are picking up quickly, rising threefold in the past six months. "The commercial business has exploded. It’s a huge part of our business, and we know that’s where it’s headed," said Lucas Watson, YouTube vice president of sales. YouTube is now estimated to account for about 10% of Google's total ad revenues.

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