![]() ![]() A Vanced developer on their subreddit hinted at legal reasons but did not provide specifics. ![]() The decision has caused speculation among users as to why this has happened. The app provided free ad-blocking, background playback, and other features that allowed users to bypass YouTube Premium. The recent news of YouTube Vanced being shut down has left its Android users disappointed. As of 2022, YouTube reported revenue of $29.2 billion. ![]() In 2021, YouTube's annual advertising revenue increased to $28.8 billion, which is an increase of $9 billion from the previous year. The platform approves creators to participate in Google's AdSense program, which aims to generate more revenue for both parties. YouTube also offers a paid subscription option called YouTube Premium, allowing users to watch content without ads. In 2006, Google purchased YouTube for $1.65 billion, which expanded the site's business model to include paid content such as movies and exclusive content produced by YouTube, in addition to generating revenue from advertisements. Each day, users collectively watch over one billion hours of videos, and as of May 2019, more than 500 hours of content are uploaded to the platform every minute. With over 2.5 billion monthly users, it is the second most visited website globally, after Google Search. Located in San Bruno, California, YouTube is a social media platform that allows for online video sharing and is owned by Google. ![]()
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