[qwertycrackers]

Youtube is a monopoly because it's not a very good business to be in and it basically lives off Google subsidization. It has plenty of openings for competition and none have too much forward movement.

[jtsiskin]

YouTube made $50 billion last year - I wouldn’t call it subsidized

[slater]

revenue or profit?

[omoikane]

Revenue. From earnings release for 2024 Q3[1]: "YouTube's total ads and subscription revenues surpassed $50 billion over the past four quarters". 2024 Q4 says: "Together, Cloud and YouTube exited 2024 at an annual revenue run rate of $110 billion."

[1] https://abc.xyz/investor/

[ryosuke]

Last I checked, Alphabet still doesn't break down profit/operating costs for YouTube.

[dpe82]

YouTube has been profitable for a long time now...

[ryosuke]

I don't think we know this - Alphabet publishes YouTube revenue, but not profit. Though I assume they are and have been for a while

[lotsofpulp]

Source? Alphabet’s 10-K does not account for all of YouTube’s expenses as is if it were a standalone business. It doesn’t even seem possible.