this post was submitted on 04 Feb 2024
158 points (85.0% liked)

Technology

55744 readers
2771 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
enu@lemm.ee
fry@fry.gs
L3s@fry.gs
enu@lemmy.world
L4s@fry.gs
L4s@lemmy.world
158
YouTube Premium announces 100 million subscribers (arstechnica.com)
submitted 5 months ago by redcalcium@lemmy.institute to c/technology@lemmy.world
120 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] rickyrigatoni@lemm.ee 20 points 5 months ago (2 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.

[–] tb_@lemmy.world 1 points 5 months ago

That depends on how they count family plans as well as the region of those subscribers (not every region has the same price).

[–] dtrain@lemmy.world 0 points 5 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 5 months ago (1 children)

didn't ask

[–] dtrain@lemmy.world 3 points 5 months ago (1 children)

How public discourse works, brah.