this post was submitted on 08 Dec 2023
580 points (96.6% liked)
Technology
59436 readers
4386 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
YouTube is too big and dominates too much of certain spaces for streaming. Shutting it down would be stupid. If Google no longer wanted it, it would make WAY more sense to sell. Someone would pay billions for that.
Edit: also, YouTube made $8billion in ad sales last quarter. YouTube ain’t going anywhere right now.
Well, to be more clear, I was trying to say that YouTube could end as a business for Google. I'm not sure if YouTube is doing well right now, financially, and these whole ad management looks like a desperate move.
YouTube has recently been exceeding street expectations and made $8billion in ad sales last quarter alone. Even when revenue took a 2% dip a while back, that business is still a damn cash cow.
Yeah, I still doubt it long-term. It's become truly annoying to watch YouTube videos without workarounds/Premium these days. Their membership is also more expensive as time goes by. I guess, as long as it is a monopoly, they may keep pushing this. Maybe it's just me, but feels tired.