Earlier quoted context omitted.
And this is why Google needs to be split up. No other enterprise can burn so many billions of dollars for so many years to corner the market. Google uses profits from search to napalm everything remotely looking like a threat.
Does google make or lose money on youtube? Based on the number of ads I see, I'd imagine they break even?
But from what I understand, they burned money for many years and only very few years ago became profitable. But in some sense YT doesn’t really have to be profitable - for Google it’s more important to prop search itself, then to make money on YT.