YouTube Premium

I sacked off Spotify, my Tidal account got cancelled by Tidal because I didn't have an Argie bank card, so I rely on YouTube Music for my music now. I don't mind it at all. It's not as shiny as the Spotify interface, but when it's 90% cheaper, it is what it is!
 
Source that YouTube makes a profit?
Someone who is in finance/accounting can probably read this better than me, but my rudimentary review indicates they make a profit here.


Alphabet Q3 earnings report (they also have them for the last few quarters and last year)

Revenues: Google Services $ 67,986
Operating income: Google Services $ 23,937

Google Services includes products and services such as ads, Android, Chrome, hardware, Google Maps,Google Play, Search, and YouTube. Google Services generates revenues primarily from advertising; sales of apps and in-app purchases, and hardware; and fees received for subscription-based products such asYouTube Premium and YouTube TV.

Google Cloud seems to be operating at a loss/barely profitable, with their 'Other Bets' making a loss too. 'Services' which includes YouTube, seems to be profitable. It isn't isolated in their own breakdown, but indicates profitability to me.
 
Source that YouTube makes a profit?

I can't find any "profit" figures for youtube but I cannot find any sources saying it loses money. There are plenty saying that ad revenue from it was $29bn last year. I don't know if that includes youtube premium subscribers because they have ~90million of those as well.
 
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91p to £2 :mad:
 
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I don't understand why YT doesn't offer tiered packages as well for example cheaper package which still has page ads but no ads inside the videos, etc. etc. but they still need to do a ton of work on the site to make it even remotely worth the full price. Not to mention it is still a bit glitchy for me currently though not as bad as it was.
 
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Just had my Turkish price increase, from about 89p to £1.68, hell of an increase. On the 25th as well, bunch of scrooges, they could have at least waited until the 1st Jan.
 
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It does. Anybody that pays for channel memberships, superchats, and a few other bits and bobs, YT get their cut.
None of those are just liking videos or subscribing to channels which is what my reply was to. Obviously anyone paying them money for something extra makes them money.
 
I don't understand why YT doesn't offer tiered packages as well for example cheaper package which still has page ads but no ads inside the videos, etc. etc. but they still need to do a ton of work on the site to make it even remotely worth the full price. Not to mention it is still a bit glitchy for me currently though not as bad as it was.

Not worth the £10pm, agreed. But at cheaper prices it's well worth it. Especially when it includes yt music .
 
That is the other thing - a lot of people will be using Spotify, reducing the benefit of YT music.

I cancelled Spotify for those juicy cost savings. While Spotify is better, it's not good enough to not save £11pm.

Yt music has came a long way too, and it's more than enough for casual listeners
 
I would love to cancelled Spotify but YT music is still pants. Many of my songs are not on YT music so I have to flip to full YT instead to play them :confused: And the YT music app will randomly stop working on my Samsung phone.

Now Spotify also includes Audiobooks, I dont mind paying the full price.
 
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