Skip to main content

YouTube is now the world’s largest media company, beating even Disney

YouTube has hit a major milestone, with the vast depths of its content library now making it not only a behemoth, but the world’s largest media company – and it’s not close.

The Hollywood Reporter, citing data from research firm MoffettNathanson, says that YouTube’s value has surpassed that of The Walt Disney Co’s media business. YouTube hit $62 billion in revenue in 2025, to Disney’s $60.9 billion. But that’s just in terms of annual revenue. YouTube’s business is estimated to be worth around $500 billion – $560 billion, with Netflix second in line at $409 billion.

YouTube is expected to continue growing, the report goes on to say, with the help of its subscription offerings – YouTube Premium, YouTube Music, NFL Sunday Ticket, and YouTube TV – as well as creator-led content and its “heavy investment” in AI tools.

And it’s not like ad revenue isn’t a key part of the business. Of YouTube’s $62 billion in revenue, around $40 billion came from ads, with $11.4 billion in Q4 2025 alone.

Advertisement - scroll for more content

Michael Nathanson, an analyst at MoffettNathanson, explains:

Over the next few years, unlike almost any other asset we cover, we strongly believe that YouTube will be a major beneficiary of both the structural tailwinds and headwinds facing technology and media companies.

More on YouTube:

Follow Ben: Twitter/XThreads, Bluesky, and Instagram

FTC: We use income earning auto affiliate links. More.

You’re reading 9to5Google — experts who break news about Google and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Google on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

Comments

Author

Avatar for Ben Schoon Ben Schoon

Ben is a Senior Editor for 9to5Google.

Find him on Twitter @NexusBen. Send tips to schoon@9to5g.com or encrypted to benschoon@protonmail.com.