YouTube Could Gross $3.6 Billion This Year

YouTube is set to blow its 2011 revenue out of the water this year, according to Citi’s Mark Mahaney. Mahaney estimates that the video giant is on course to generate over $3.6 billion in gross revenue by the end of 2012.

YouTube is set to blow its 2011 revenue out of the water this year, according to Citi’s Mark Mahaney.  Mahaney estimates that the video giant is on course to generate over $3.6 billion in gross revenue by the end of 2012.

Back in March of last year, Mahaney predicted that YouTube would gross just under $1.7 million in 2012, finally breaking the billion mark at approximately $1.1 billion net.  YouTube has far exceeded his expectations, and AllThingsD’s Peter Kafka reports that Mahaney has upped his expectations. 

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