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Thursday: June 18, 2009

New study confirms that YouTube is not just a massive money pit.New study confirms that YouTube is not just a massive money pit.

In a report set for release today, RampRate founder Tony Greenberg estimates that YouTube will lose just $174 million -- 63% less than the $470 million loss forecast last April by investment bank Credit Suisse. The bank estimates YouTube's revenue at $240 million.

Posted to Weekdaily filed in Interwebs @ 7:20 AM | Tags (4) | internet | loss | study | youtube |  | Discuss (0) |  | facebook | twitter | 4 Clicks | Posted by Vin


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