this post was submitted on 01 Nov 2023
325 points (94.0% liked)

Technology

59653 readers
3411 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

YouTube's Ad Blocker Crackdown Is Getting Harder to Dodge::The video platform now requires users to disable their ad blockers with an immovable pop-up.

you are viewing a single comment's thread
view the rest of the comments
[–] Dark_Arc@social.packetloss.gg 1 points 1 year ago

Yes, they bought it (in 2006). However, it wasn't what it is today, and IIRC it was "in the red" (losing money). It was in the red for years after Google bought it as well. There's not a lot of good information on this unfortunately with regard to the current state. The last update we had was in 2015 that YouTube wasn't making money https://www.wsj.com/articles/viewers-dont-add-up-to-profit-for-youtube-1424897967

That's 9 years of operating at a loss, and probably the 9 years people think of most fondly... We were getting the service at a loss to Google.