Tag Archives: youtube loses money

Google shrugs as YouTube loses more money

By: admin | Date: June 18, 2009 | Categories: Uncategorized

SAN FRANCISCO – Internet video leader YouTube Inc.’s losses have been overblown by some analysts, but corporate parent Google Inc. doesn’t mind the misperception, according to a study being released Wednesday. Technology consultants at RampRate Inc. project YouTube’s operating losses this year at $174.2 million — far below the $470.6 million estimated by Credit Suisse [...]