You people really throw logic out the window when you talk about shit like this. You want corporations to make less money? Go fix the fucking tax laws not bitch about average membership fees like a fuckwit.
The problem is not that YT cannot make money, the problem here is that the options are that you can choose if watching video, with or without ads, for free (well, paying with your data) or pay with money and your data to watch videos with ads.
I am not saying I have some god-like right to watch videos for free but on the other hand it seems that at YT they are trying as hard as they can to make me install adblocker to be able to use their service with minimun hassle.
YT, like every other company, is learning that if they don’t care about customers then customers don’t care about them. They are making the false equation “one less user with adblocker == one more user on Premium|without adblocker”, which is obviously false. And they are forgetting that they have a lot of more or less direct competition.
Frost752@lemmy.world 5 months ago
As far as I know, YouTube does not lose money(feel free to correct this with a source) and even just from a logical perspective if YouTube loses google money why keep pouring so many resources into it? The correct answer imo is YouTube doesn’t lose money theyre just greedy pigs but Alphabet(the parent company behind both google and YouTube) makes 10s of billions of dollars in profit, they are not struggling to pay the bills hell even if YouTube was losing then menu fucking good they shouldn’t be allowed to hoard that much money anyway, but feel free to keep being a corporate bootlicker.
RealFknNito@lemmy.world 5 months ago
YouTube has been running on a loss since they last posted their info some handful of years ago. I think Susan was being pressured by creators to be transparent or something. YouTube has expanded well beyond what it used to be and hasn’t demanded money to compensate. It just keeps getting bigger and bigger and Google/Alphabet has been fine with that but clearly aren’t anymore.
Alphabet makes money in other areas, yes, but YouTube specifically is the problem child that keeps begging for an allowance. So, how does YouTube fix it? How do they save money? By kicking off the freeloaders. You watch ads, contribute your 13 cents for the day, then fuck off - or you can buy premium.
Like I’ve said before, if you hate the big companies fix the tax laws, don’t bitch about them charging you for the service you’ve been getting free of charge.
baru@lemmy.world 5 months ago
Can you look to that? They only seem to share revenue, not profit. And profit is easily manipulated. Apparently they had 29 billion USD in revenue in 2023. There was a huge growth in revenue. I don’t see why you really claim that they’re making a loss.
Frost752@lemmy.world 5 months ago
I did find some statistics about YT running at a loss back in 09 but I can’t find anything recent really abcnews.go.com/Technology/story?id=7868311&page=1
RealFknNito@lemmy.world 5 months ago
This has been a point of discussion for nearly a decade. It’s almost common knowledge YouTube runs at a loss. CDN hosting was approximated to be about 2 billion in 2017, not including what they pay to creators, employees, etc. Their revenue does not cover all of these expenses, meaning there are no profits to announce. They borrow money from their parent company, Alphabet, because they benefit from YouTube by it merely existing under their control. They have an effective monopoly on video hosting and zero meaningful competition.