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A Question of Commodification: Is YouTube Bleeding Google’s Money or Are Execs Trying to Tank the Video Brand?
Is the internet monolith YouTube hemorrhaging Google’s money or are the losses exaggerated? The AP reports that technology consultants RampRate Inc. projected a $174.2 million dollar operating loss for the 2009 fiscal year for the video site. In April of last year, YouTube’s quarterly projections, as estimated by Credit Suisse analysts Spencer Wang and Kenneth [...]
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