Quote:
Originally Posted by Paul Markham
Youtube loses money hand over fist.
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Huh? This isn't 2006 anymore where they broke even with Youtube, actually they grew a 6% profit margin. This is 2008, where they make several hundred million a year with YouTube and the costs, with staff & bandwidth is about 5 million a month. That means they have 150 million more a year to spend on other shit...
They aren't losing money anymore... We are talking about Google... the kings of monetization.