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> They have owned it for 4 years and so far it has never been profitable. So far Google has lost billions on YouTube. Can you cite this? I think you're wrong.
by cryptoz 16y ago
> They have owned it for 4 years and so far it has never been profitable. So far Google has lost billions on YouTube.
Can you cite this? I think you're wrong. I haven't seen any reports of YouTube's profitability since the Google purchase. There has been lots of speculation and discussion, but Google has never disclosed the information.
YouTube was losing tons of money the day Google bought them. But since Google owns much of the fiber used to deliver the videos, they likely pay little to nothing for bandwidth. Also, they have ads now, in videos. Nobody but Google knows how much money those ads bring in.
- mikeryan 16y agoYou can Google "YouTube Profitability" and one of the top responses is Eric Schmidt saying YouTube is "close to profitability" from Sept of this year.