> YouTube, as far as I'm aware, is offered at a price that doesn't meet its full cost of production, and as such should constitute illegal dumping in any countr

> YouTube, as far as I'm aware, is offered at a price that doesn't meet its full cost of production, and as such should constitute illegal dumping in any country that has or wants to have a tech industry of its own. This an big misconception that I've seen before of HN. I don't know why that is. Youtube standalone revenue is $15B/year[1]. Netflix is around $20B/year, but Netflix spends about $15B/year producing professional content and yet still produces around $1B/quarter in profit[2]. There's nothing at all to indicate that Youtube isn't actually highly profitable. [1] https://www.theverge.com/2020/2/3/21121207/youtube-google-alphabet-earnings-revenue-first-time-reveal-q4-2019 https://www.theverge.com/2020/2/3/21121207/youtube-google-al... [2] https://techcrunch.com/2020/10/20/heres-why-netflix-shares-are-off-after-reporting-earnings/ https://techcrunch.com/2020/10/20/heres-why-netflix-shares-a...