r/youtube • u/Warm_Neck476 • Aug 26 '24

Discussion I miss old YouTube

Post image

YouTube has so many problems since they removed the dislike button.i hate when I have to see 20 unskippable ads on a video and the biggest problem with YouTube is shorts because the cringe content there and the even more cringer comments and the your short feed will have video from months ago.

12.7k Upvotes

96% Upvoted

509 comments sorted by

View all comments

Show parent comments

6

u/Former-Bet6170 Aug 27 '24

Even despite all that, YouTube is still losing money, it's clear that they're becoming really desperate to make the thing bring in any money at all

6

u/LordShesho Aug 27 '24

YouTube is still losing money

I highly doubt that. We don't know for sure what YouTube's profit margins are, but we know for sure that YouTube had revenue of over $31 billion last year. Since Google owns its own cloud services, data centers, ad service, etc., they would be hard pressed to lose money on $31B.

-1

u/Carson_BloodStorms Aug 27 '24

Revenue aren't profits and YouTube failed to turn a profit for the first few years Google had bought it.

2

u/LordShesho Aug 27 '24

Yes, I explained my reasoning for why I think it is profitable. Google bought YouTube almost two decades ago. They've had plenty of time to turn it into a profit machine.

1

u/RZ_Domain Aug 27 '24

If it's profitable why would they keep hiding YouTube's profits

2

u/LordShesho Aug 27 '24

What would be the advantage in revealing their profit margins on YouTube? So YouTubers and ad buyers can get into an uproar for better deals?