CategoryVideo Marketing

YouTube Expected To Lose $470 Million In 2009

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As a follow-up to my post last Friday, where I covered news of video sharing site Veoh slashing their workforce by 36%, comes news about YouTube, the 800 pound gorilla in the market (Google owned YouTube is responsible for approximately 41% of all video streams on the Internet). While Google has admitted that YouTube has never turned a profit, they never stated any specific numbers.  So analysts...