News, gossip, insight and expose about all things Australia and internet - from Dr. Adir Shiffman, Founding Director of Global Reviews.

Wednesday, October 11, 2006

Australian Financial Review ERROR on YouTube

Today the Australian Financial Review reported (as a breakout no less) that YouTube's data costs are $500m a MONTH! I was somewhat surprised, given that the acquisition then pushes Google from widlly profitable into seriously loss-making.

After further research online, it has become clear to me that YouTube's bill is closer to $5m a month. Still not change, but at least not financially crippling for Google.

I wonder if we'll see a correction.