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steve2470

(37,461 posts)
Fri Feb 27, 2015, 09:33 PM Feb 2015

NO ONE is making money from YouTube, even Google report

http://www.theregister.co.uk/2015/02/26/no_one_making_money_from_youtube_google_report_claims/

It seems no one is making money from online goggle box YouTube, least of all Google – despite reports that the company generated $4bn (£2.6bn) revenue last year.

While YouTube accounted for about six per cent of Google’s overall sales last year, it didn’t contribute to earnings, a source told the Wall Street Journal.

YouTube's revenue increased by $1bn (£644m) in 2014. But after paying for content and the equipment to deliver speedy videos, YouTube’s bottom line is “roughly break-even,” the source told the paper.

YouTube's "content generators" have also complained that the service also leaves them out of pocket.

more at link above
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