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But now, they are trying things like partnering with Time Warner to show high quality content. And that will bring high quality advertisers. And of course, they're still trying different forms of advertising in the videos or on the webpages.
I now think that YouTube will eventually break even and be profitable. Would Google have it any other way? Outsiders can never really know how much money YouTube is making or losing. So I think the estimated $1.5 million loss per day is probably an upper bound.
"Dailymotion hasn’t done any better, blowing through $34 million in funding on the cost of serving video"
I have to disagree, considering that dailymotion recently reached profitability!
YouTube sits on a tremendous asset, but unfortunately it uses it as a hummer.
Thank you for sharing, Paul.
Why not give away gold for free and get millions of addresses of people where you have send the gold to.
Then hope someone buys the company for the millions of addresses.