Analysts say YouTube might lose $470 million
The Web works in mysterious ways. Sometimes you wonder how some services keep on existing. Twitter and YouTube are two examples of the strange way the web works. A huge amount of users, but no business plan or ways of getting the hard cash.
The huge loss, an ecquivalent of almost 347 million euros, is being caused by the high costs of the service. The cost of bandwidth, content licensing, ad-revenue shares, hardware storage, sales and marketing and other expenses ad up to about 711 million dollar, while on the other end YouTube will make about 240 million dollar in revenue.
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12 June 2013 / 13 June 2013