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Netflix’s revenue the past two quarters increased 24% and 19% year-over-year, respectively YouTube’s revenue jumped 50% during the first quarter, before its 84% jump during the spring.At the same time, Netflix isn’t bringing in subscribers like it did during the early days of the pandemic. It stood at number 10 on the Canadian Albums, and at number 56 on the UK Charts.The chart below helps make it clear: YouTube’s recent revenue growth is blowing Netflix’s out of the water. The album, which included hit singles, such as ‘Fire’ and ‘Beware’, peaked at the third position on the US Billboard 200.

(This projected growth rate is the midpoint between YouTube’s Q1 and Q2 growth rate.) Netflix, after factoring in the company’s guidance and expected sales, is on track to bring in about $30-31 billion. If YouTube can report 67% year-over-year revenue growth over the next two quarters, it would bring in about $32 billion this year. And that’ll be needed, since — barring a major price hike on subscribers — Netflix depends on new customers to keep pushing its quarterly sales higher.Youtube, on the other hand, could see its revenue growth rate slow down over the last half of the year — and still come out ahead of Netflix. Netflix can also anticipate its subscriber growth rate to jump a bit during the back half of 2021, with popular shows like “Stranger Things” expected to return. This was in stark contrast to the 10 million new customers Netflix added during the spring quarter last year.Netflix, in part, is a victim of its own success, and the company has been quick to point out the pandemic’s “pull forward” effect on subscribers. And Canada — its most lucrative markets — for only the second time ever.