Here's your summary from How Youtube Became Must Watch TV (https://www.youtube.com/watch?v=89bHxPEr494) on the Bloomberg Television channel:
**TLDR:** YouTube is becoming a major player in the streaming world, surpassing traditional TV in watch time and engagement, with a growing creator economy and diverse monetization options.
1. YouTube is now the biggest streaming platform in the world, surpassing traditional TV in watch time on living room screens.
2. The platform has seen significant growth in creators and offers a variety of monetization options beyond ads, such as subscriptions and direct fan funding.
3. YouTube's revenue growth is expected to come from its expanding creator economy and diverse monetization offerings.
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