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2010 May Be the First Year YouTube Turns a Profit 89

Posted by Soulskill
from the keep-throwing-ads-in-there-we-love-it dept.
eldavojohn writes "Analysts are saying that this year will be the first year YouTube turns a profit. From the New York Times article: 'In the last year, the video site has become a significant contributor to the family business at a time when Google, which makes more than 90 percent of its revenue from text search ads, is seeking a second act. Though Google does not report YouTube's earnings, it has hinted that it is hovering near profitability. Analysts say YouTube will bring in around $450 million in revenue this year and earn a profit. Revenue at YouTube has more than doubled each year for the last three years, according to the company.' Of course a little over a year ago we were being told that YouTube was losing around $1.65 million each day. Regardless, when you pay $1.65 billion for a business, you probably don't expect it to take three to four years before you start making your money back."
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2010 May Be the First Year YouTube Turns a Profit

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  • Re:Music (Score:4, Informative)

    by crow (16139) on Friday September 03 2010, @05:40PM (#33470242) Homepage Journal

    And if you save them, and dump the sound track with mplayer, you usually end up with a nice 128kbps MP3.

  • Re:Music (Score:3, Informative)

    by vadim_t (324782) on Friday September 03 2010, @06:47PM (#33470810) Homepage

    And they sell their data to spammers, unfortunately.

    I registered some time back with an emusic@domain.com email address (I make a new alias for every website), and regularly get spam mailed to it. And I don't mean emusic advertisements, or even some sort of partner thing. It's viagra and xanax spam.

    I only went as far as getting a trial account, and due to this will never go any further.

  • Re:Music (Score:3, Informative)

    by Wowsers (1151731) on Friday September 03 2010, @08:29PM (#33471538) Journal

    it has a linux version.

    Yes, but it's only 32bit, and if you want to install it on a 64bit version, you will be shocked at how much 32bit crap it wants to drag into your nice clean 64bit system..... all for a crummy downloader. I passed at the opportunity to mess up my system more (Skype was bad enough but at least that is useful).

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