Alphabet

The figure was shared by Lyor Cohen, YouTube’s Global Head of Music, at the Billboard Latin Music Conference in Miami on Wednesday.

YouTube Music now joins Spotify and iHeartRadio as the third music service available in Waymo vehicles.

Despite growth in ads, Alphabet's shares sank in pre-market trading as investors digested the company's revenue miss

$7.67bn generated from YouTube ads in Q2 was up 4.4% YoY increase

The number of YouTube Music and YouTube Premium subscriptions reached 80 million towards the end of last year

Tech giant become latest to axe substantial number of its employees

YouTube ad revenue in Q3 came in at $7.07 billion

'In the ad supported proportion of YouTube, we pay out a majority of revenues to our creators.'

UnitedMasters has been set up by one-time President of Interscope Records, Steve Stoute