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YouTube doesn't make any money. Google literally subsidizes the whole platform for over a decade already. No one can compete with that. Maybe some crypto-based
by bitL 8y ago
YouTube doesn't make any money. Google literally subsidizes the whole platform for over a decade already. No one can compete with that. Maybe some crypto-based video platform where people give away some of their CPU/GPU cycles while watching videos might do it, but the blockchain complexity might be already beyond making that profitable either for the rate of new video appearances YouTube deals with. Not mentioning costs of running them through some filter to catch ugly and universally illegal things before they go live.
- yeukhon 8y agoI am sorry, what? Youtube makes money.
- skinnymuch 8y agoI assumed [s]he meant to say YouTube doesn’t make a profit. Or at least doesn’t seem to make a profit as a stand-alone entity. Not completely sure if that’s true but it seems like it still is or is unknown.
- GFischer 8y agoI actually googled that recently (in response to this announcement) and they seem to be break-even or possibly profitable. But yes, they were unprofitable for a long time. They don't disclose their separate financials so no-one not related to Alphabet knows for sure.