Ben_Jahmin t1_j5uazdj wrote
Reply to comment by TossZergImba in Justice Dept. sues Google over digital advertising dominance by Cyrix2k
What are you even saying? Youtube generates $28B a year, almost as much as Netflix' $31B a year.
Youtube is one of the biggest search engines in the world and the biggest video platform on the Internet.
Why are you saying it's "subsidized" ? This is a lie.
TossZergImba t1_j5x3jau wrote
Do you not know the difference between revenue and profit? Yes YouTube brings in revenue, but it shares a big chunk of it with creators and the left over isn't enough to cover costs. This isn't a surprise to anyone .
Ben_Jahmin t1_j60mwnf wrote
And what's the net profit of YouTube?
TossZergImba t1_j61tyjt wrote
We know it's negative, because Alphabet has refused to ever publish it, despite doing so for its other divisions. Not to mention their overall revenue is also declining on top of that.
https://www.cnbc.com/2020/02/03/google-still-isnt-telling-us-about-youtube-and-cloud-profits.html
Viewing a single comment thread. View all comments