• 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?