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2010 May Be the First Year YouTube Turns a Profit

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."

3 of 89 comments (clear)

  1. Re:Music by crow · · Score: 3, Informative

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

  2. Re:Music by vadim_t · · Score: 2, Informative

    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.

  3. Re:Music by Wowsers · · Score: 2, Informative

    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).

    --
    Take Nobody's Word For It.