Earlier quoted context omitted.
I thought a recent article here said YouTube passed the break-even point in 2015
They might have been profitable before the adpocalypse, but I highly doubt that’s still the case. They lost a huge chunk of ad revenue then, and will be losing another huge chunk with the new COPPA rules forbidding them from serving ads on videos targetting children. Combine that with a massive rise in staffing costs from all the new "Trust and Safety" people they’ve added. Of course, Alphabet are keeping the actual…
Playing ads on the internet at scale (where your control you content costs) is profitable else no other companies would not be doing it.
Think of companies like tubi breaking into profitability in isolation without anywhere near the scale that YouTube operates at. https://www.businessinsider.com/tubi-tv-profitability-avod-o...