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ThatOneDraffan

ThatOneDraffan

On 7/31/2020 at 8:29 AM, ekket said:

(The privilege of having community subtitles now appears to cost the creator $12 per month.)

This doesn't seem too surprising given who owns YouTube, but we also haven't had a true statement from Alphabet regarding whether or not YouTube is actually a profitable business since 2015, which it wasn't at the time (Wall Street Journal, Daily Mail [Sources WSJ]). We do know that YouTube generated $15 billion in ad revenue in 2019 (Verge, Business Insider), but how much is it costing them to host all the content posted to the site?

 

Additionally, we do know that so far this year, there earnings per share (EPS) have on average, been higher than estimated, with a ~5% overestimation for the first quarter of 2020 (Q1), but a 20% underestimation for Q2, so overall they're doing ~15% better than they thought they would be. We'll get an update for Q3 in October (NASDAQ).

 

However, my assumption would be that Google isn't really worried about the profit anymore, at least in regards to community captioning, because, as stated in the article shared by ekket (Orig. Post),  "YouTube is not monetizing any transactions that occur on the Amara platform" (Google Support Thread).

 

EDIT: Messed up my contractions.

ThatOneDraffan

ThatOneDraffan

On 7/31/2020 at 8:29 AM, ekket said:

(The privilege of having community subtitles now appears to cost the creator $12 per month.)

This doesn't seem too surprising given who owns YouTube, but we also haven't had a true statement from Alphabet regarding whether or not YouTube is actually a profitable business since 2015, which it wasn't at the time (Wall Street Journal, Daily Mail [Sources WSJ]). We do know that YouTube generated $15 billion in ad revenue in 2019 (Verge, Business Insider), but how much is it costing them to host all the content posted to the site?

 

Additionally, we do know that so far this year, there earnings per share (EPS) have on average, been higher than estimated, with a ~5% overestimation for the first quarter of 2020 (Q1), but a 20% underestimation for Q2, so overall they're doing ~15% better than they thought they would be. We'll get an update for Q3 in October (NASDAQ).

 

However, my assumption would be that Google is really worried about the profit anymore, at least in regards to community captioning, because, as stated in the article shared by ekket (Orig. Post),  "YouTube is not monetizing any transactions that occur on the Amara platform" (Google Support Thread).

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