Youtube revenue in 2023 (before these price hikes) was 31.5 billion USD.
The revenue for the entirety of alphabet in 2023 was 307 billion USD.
Youtube alone generated 10% of the entire revenue of alphabet’s portfolio in 2023.
Yes, revenue is not profit, but I could not find profit figures for youtube.
Alphabet’s operating income for 2023 was 84.3 billion USD. Assuming a similar proportion of revenue to operating income (I know, hella extrapolating, but again no direct sources for youtube) that would put youtube’s operating income in the ballpark of 8 billion USD.
It’s not that they aren’t making money because people are “stealing” as you say from poor little indie company youtube. It’s just that they want more more more MORE MORE MONEY.
Youtube revenue in 2023 (before these price hikes) was 31.5 billion USD.
The revenue for the entirety of alphabet in 2023 was 307 billion USD.
Youtube alone generated 10% of the entire revenue of alphabet’s portfolio in 2023.
Yes, revenue is not profit, but I could not find profit figures for youtube.
Alphabet’s operating income for 2023 was 84.3 billion USD. Assuming a similar proportion of revenue to operating income (I know, hella extrapolating, but again no direct sources for youtube) that would put youtube’s operating income in the ballpark of 8 billion USD.
It’s not that they aren’t making money because people are “stealing” as you say from poor little indie company youtube. It’s just that they want more more more MORE MORE MONEY.
Because of course they do. It’s never enough.
Edit: because I forgot to link my source: https://www.sec.gov/Archives/edgar/data/1652044/000165204424000014/googexhibit991q42023.htm