this post was submitted on 29 Aug 2023
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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Thing is, even with all their efforts they still can't make it profitable. Not sure if they release the data (doubt). But, YouTube has always been barely profitable or operating on loss. Google bought yt over 15 years ago and haven't figured out how to make money off it and arguably made it worse with their policies and algos.
Part of the problem might be all those people blocking the ads, which I wouldn't be surprised if it's a pretty big chunk of their viewers. No ads means no ad revenue, which means losing money.