this post was submitted on 14 Oct 2023
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Who says that today? This was true about YouTube many years ago, before Google took it over, I doubt that's still true.
No it's not, most content of value will have back ups and can be uploaded to other services.
Google have been saying that for ages, that their YouTube advertising revenue does not cover YouTube's running costs.
Source please.
I tried a search "youtube still running at a deficit"
The ONLY relevant result I got was this 7 year old post on reddit: https://www.reddit.com/r/youtube/comments/593tgc/reminder_google_runs_youtube_at_a_loss/
I made the search on Google, and found this: https://www.businessofapps.com/data/youtube-statistics/
Lots of talk about revenue, but nothing on profit/loss, except they had had losses up until 2014.
Mate 2015 was only yesterday.
Fair play though lol I hadn't quite realised how long it had been.
Also I wouldn't take the losses up until 2014 to mean anything except that the 2015 financials hadn't been published at that time the WSJ article (which both links source) had been written.