What is YouTube‘s “next frontier”? According to CEO Neal Mohan, it is building out the living room viewing experience and turning subscriptions into a meaningful business.
Mohan published his annual letter to the YouTube community Tuesday morning, providing an update on the video platform’s business, and unveiling “4 Big Bets for 2024.”
Among those bets is the living room, where Mohan said viewers watch 1 billion hours on their TV sets every day, and where YouTube TV –the company’s streaming multichannel video service — now has more than 8 million subscribers.
That is a big number, up more than 3 million since 2022, when the company reported that it had more than 5 million YouTube TV subscribers. It also means that during a period when legacy…