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by philipov
1570 days ago
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Youtube's value isn't as a profit center, but a way of keeping people inside Google's ad ecosystem. Its value is to dominate the video hosting market so that viable competitors can't rise up in its place. If Google can squeeze profit out, that's icing on the cake, but not the core reason why Google wants to hold on to Youtube. If the profitability of Youtube is on the table, then so should be antitrust, and Google should not be allowed to own it. |
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Even more important from Google's point of view is it was the way to push Chrome to dominance. And a way to keep it there ahead of any potential competitors.
Which is valuable because of the data and ability to block ad blockers. That is, Google's ad ecosystem.