I thought odysee is a better alternative for youtube and offers much more privacy. But it’s not. So disappointed.
Feeling hard to quit youtube because of other platforms doesn’t have much better or quality contents expecially no instance of peertube is truly usable. 🤥
YouTube is not making Billions in net income. It is very expensive to host video
I understand it’s expensive to facilitate streaming, though between the 15 billion from Premium subscribers to the 30 billion in ad revenue, it’s not hard to imagine they make a few billion after costs. I’m not trying to say it’s half of Alphabet’s income or anything.
Unfortunately, it’s not something anyone outside of the executive suite can say with a single degree of certainty since Alphabet doesn’t make it known one way or the other.
They spend a ton on overhead costs. They are barely making a profit
Not to be rude, but unless you’re an Alphabet executive, what do you know. Same as me - not much.
My guess is they aren’t losing money on YouTube these days, but feel free to look at the 2023 10-K and let me know if you find something in there that no one else has.
You are right, costs are not listed.