this post was submitted on 16 Apr 2024
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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.
YouTube has been running on a loss since they last posted their info some handful of years ago. I think Susan was being pressured by creators to be transparent or something. YouTube has expanded well beyond what it used to be and hasn't demanded money to compensate. It just keeps getting bigger and bigger and Google/Alphabet has been fine with that but clearly aren't anymore.
Alphabet makes money in other areas, yes, but YouTube specifically is the problem child that keeps begging for an allowance. So, how does YouTube fix it? How do they save money? By kicking off the freeloaders. You watch ads, contribute your 13 cents for the day, then fuck off - or you can buy premium.
Like I've said before, if you hate the big companies fix the tax laws, don't bitch about them charging you for the service you've been getting free of charge.
Can you look to that? They only seem to share revenue, not profit. And profit is easily manipulated. Apparently they had 29 billion USD in revenue in 2023. There was a huge growth in revenue. I don't see why you really claim that they're making a loss.
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
This has been a point of discussion for nearly a decade. It's almost common knowledge YouTube runs at a loss. CDN hosting was approximated to be about 2 billion in 2017, not including what they pay to creators, employees, etc. Their revenue does not cover all of these expenses, meaning there are no profits to announce. They borrow money from their parent company, Alphabet, because they benefit from YouTube by it merely existing under their control. They have an effective monopoly on video hosting and zero meaningful competition.
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.
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.
But you said they aren't making a profit. And you could see their revenue heavily increased in the last few years. So something has to give.