this post was submitted on 04 Feb 2024
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158
YouTube Premium announces 100 million subscribers (arstechnica.com)
submitted 9 months ago by redcalcium@lemmy.institute to c/technology@lemmy.world
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[–] rickyrigatoni@lemm.ee 20 points 9 months ago (5 children)

That's over a billion dollars a month. If they're still operating at a loss with all that then it's their own incompetence at fault.

[–] dtrain@lemmy.world 0 points 9 months ago (1 children)

You know that’s not pure profit, right? Besides their hardware, development and operational costs, which are substantial, they split that fee with creators.

Source: https://support.google.com/youtube/answer/6306276?hl=en#:~:text=Revenue%20from%20YouTube%20Premium%20membership,money%20from%20this%20revenue%20stream%3F

[–] rickyrigatoni@lemm.ee -4 points 9 months ago (1 children)

didn't ask

[–] dtrain@lemmy.world 3 points 9 months ago (1 children)

How public discourse works, brah.

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