this post was submitted on 17 Aug 2023
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submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 18 points 1 year ago (3 children)

They were able to build a business and be profitable for over a decade but now all of the sudden ad block is destroying YouTube? 🤔

[–] [email protected] 14 points 1 year ago (1 children)

They were never profitable

[–] [email protected] 5 points 1 year ago

I specifically remember them announcing quarterly profits from YouTube in alphabets breakdown a few years back, they are almost definitely profitable, I'm okay with being proven otherwise but as far as I know YouTube is profitable now.

[–] [email protected] 2 points 1 year ago

Maybe they're greedy, maybe more are using adblockers, maybe companies aren't willing to spend as much per ad due to the economy, maybe they are profitable but the margin is too low to be worth the effort and risk associated with running a platform. We probably won't know.