How YouTube’s Bet on Music Will ‘Narrow the Gap’ in Audio Advertising

The platform adds new ad options as streaming booms

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Eight months after the coronavirus pandemic shut down the United States, Ticketmaster accounts are still well-stocked with credits, a nagging reminder of concerts that never happened. Instead, music fans have had to turn to virtual shows: Radiohead released old concert tapings on YouTube while others, including Miley Cyrus and Phoebe Bridgers, streamed live benefits shows to support independent venues.

With live concerts essentially impossible, music lovers have flocked to platforms such as Spotify, Instagram and YouTube.

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