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YouTube to turn lucrative soon?

By Matthew ยท 5 replies
Aug 25, 2009
  1. In 2006, Google paid a handsome $1.65 billion for video sharing site YouTube. Now three years later, the company has yet to turn a profit from its acquisition - but that may change soon. The search giant is looking at YouTube's not-so-distant future and it sees a lucrative business, according to CFO Patrick Pichette.

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  2. JDoors

    JDoors TS Rookie Posts: 62

    I think they need to spend some of that Hollywood money on site design and video presentation, otherwise, Hulu's gonna have 'em for lunch.
  3. Twister123

    Twister123 TS Rookie Posts: 219

    hulu only stream's within the u.s, youtube can get the rest of the market if the do things right , like eliminate breaking a movie into 20 ten minute bits , that's really annoying .
  4. Captain828

    Captain828 TS Guru Posts: 289   +15

    IMHO, I don't think those two analysts know what they're saying... Google can, and probably will, make a special pay-per-view channel, or something of the sorts, where they'll add various Hollywood movies.
    Given it's immense popularity, I think profits might actually give YouTube a very high return rate for Google and then bringing hefty amounts of cash.
    Though Hulu is relatively popular, YouTube is worldwide popular and besides that, I doubt Hulu has Google's deep pockets to discuss a long-term relationship with the major studios. ;)
  5. captaincranky

    captaincranky TechSpot Addict Posts: 14,952   +3,995

    That said, Hulu already does have an inside track with many large studios.
  6. JDoors

    JDoors TS Rookie Posts: 62

    We'll see what Google can do with YouTube. As it stands, I'll suffer watching YouTube videos only because it has such an extensive base of random content, but when I want to watch something IN PARTICULAR, I use Hulu.
    As for international reach, YouTube MIGHT have enough money to purchase international rights for Hollywood content, but it's not yet clear if that will be their model.
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