this post was submitted on 08 Dec 2023
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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.