• Th4tGuyII@kbin.social
        link
        fedilink
        arrow-up
        64
        arrow-down
        1
        ·
        7 months ago

        I was genuinely confused by this statistic until I realised it was a double negative. YouTube losen’t Google a lot of money.

        • HopeOfTheGunblade@kbin.social
          link
          fedilink
          arrow-up
          4
          ·
          7 months ago

          Yeah, unfortunately I couldn’t find revenue numbers. It seems unlikely to be costing that much to host. I’d be really surprised to learn it isn’t cash positive at this point.

          • LordWarfire
            link
            fedilink
            English
            arrow-up
            2
            ·
            7 months ago

            Best I could find is the entire division makes about 35% profit and you’d have to assume some of that was YouTube

      • SomeGuy69@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        edit-2
        7 months ago

        And as we know companies prefer to provide a service with a loss, for decades. Name a company that can make -31.5 billion and keep going. Or maybe the data went to google, where they made the money.

      • freebee@sh.itjust.works
        link
        fedilink
        arrow-up
        1
        ·
        7 months ago

        Do they somehow calculate in this the value off the youtube harvested user data that serves other Google branches? No, right?