• raccoona_nongrata@beehaw.org
    link
    fedilink
    English
    arrow-up
    8
    ·
    edit-2
    1 year ago

    I think many large corporations like Alphabet/Google are making their money as brokers of peoples personal data more so than ads directly on their sites.

    Not that I don’t believe ads are a big source of revenue, but YT has been chugging along just fine (and squashing its competitors) for decades without much trouble despite everyone and their grandmother having an ad blocker by now, so I find it hard to buy that they’re suddenly struggling to make ends meet.

    If it were a smaller site without much reach I might be more predisposed to believe it.

    • bionicjoey@lemmy.ca
      link
      fedilink
      English
      arrow-up
      6
      ·
      1 year ago

      I’m pretty sure YouTube has always operated at a net loss (strictly in terms of revenue and expenses). But of course, the value of the data Google owns makes up for it.

      • raccoona_nongrata@beehaw.org
        link
        fedilink
        English
        arrow-up
        5
        ·
        1 year ago

        Interesting, most striking is that ad blockers are most prevalently used among age 16-24, I would’ve expected millenials to be a bit more savvy too.