Frost752

joined 1 year ago
[–] Frost752@lemmy.world 5 points 2 months ago

Quite the take

[–] Frost752@lemmy.world 4 points 7 months ago* (last edited 7 months ago)

A reddit post from 8 years ago is not going to have up to date information so no, not a valid source, but even in that reddit post many people point out that youtube was breaking even in 2014 not operating at a loss and I find it highly unlikely that the growing YouTube would still be breaking even a decade later. I did read the reddit post and the sources they provide require subscriptions to access. This will be the last I respond to this though since I can't see this going anywhere, continuing the conversation would be asinine.

[–] Frost752@lemmy.world 4 points 7 months ago* (last edited 7 months ago) (3 children)

First of all, a link to reddit isnt an acceptable source. Second if it was common knowledge that YouTube ran at a loss I would think looking up "does YouTube run at a loss" would give something more recent then 2009 I did find this from 2016, by looking for "YouTube revenue report" and according to this YouTube generated 31bn USD in 2023, unfortunately I can't find any concrete numbers for operating costs but some estimates I read were between a couple hundred mil to a few bn, either way drops in the bucket compared to profits. Sure YouTube may have operated at a loss at first but its highly unlikely it still is.

[–] Frost752@lemmy.world 0 points 7 months ago

I did find some statistics about YT running at a loss back in 09 but I can't find anything recent really https://abcnews.go.com/Technology/story?id=7868311&page=1

[–] Frost752@lemmy.world 4 points 7 months ago* (last edited 7 months ago) (8 children)

As far as I know, YouTube does not lose money(feel free to correct this with a source) and even just from a logical perspective if YouTube loses google money why keep pouring so many resources into it? The correct answer imo is YouTube doesn't lose money theyre just greedy pigs but Alphabet(the parent company behind both google and YouTube) makes 10s of billions of dollars in profit, they are not struggling to pay the bills hell even if YouTube was losing then money fucking good they shouldn't be allowed to hoard that much wealth anyway, but feel free to keep being a corporate bootlicker.

[–] Frost752@lemmy.world 13 points 7 months ago* (last edited 7 months ago) (14 children)

Right, cause YouTube/Google are really struggling so much that their only option is to increase prices while offering less value and making everyone's experience worse. Maybe, and hear me out here, the massive billion dollar corporation could make less money.

[–] Frost752@lemmy.world 19 points 7 months ago* (last edited 7 months ago)