this post was submitted on 14 Oct 2023
1208 points (95.8% liked)
Technology
59108 readers
3267 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Source please.
I tried a search "youtube still running at a deficit"
The ONLY relevant result I got was this 7 year old post on reddit: https://www.reddit.com/r/youtube/comments/593tgc/reminder_google_runs_youtube_at_a_loss/
I made the search on Google, and found this: https://www.businessofapps.com/data/youtube-statistics/
Lots of talk about revenue, but nothing on profit/loss, except they had had losses up until 2014.
Mate 2015 was only yesterday.
Fair play though lol I hadn't quite realised how long it had been.
Also I wouldn't take the losses up until 2014 to mean anything except that the 2015 financials hadn't been published at that time the WSJ article (which both links source) had been written.