YouTube's Revenue to Get Close to $1 Billion in 2010
March 9, 2010 |17:42 | You Tube News By : Team X
Google's effort to turn YouTube into a money-making machine may finally be starting to come to fruition. While the company isn't releasing any official numbers, the latest reports from analysts paint a very optimistic picture for the video site in terms of revenue.
A Citigroup analyst estimates that YouTube will bring in $945 million in revenue this year and $1.1 billion in 2011. The report doesn't cover the expenses part, but, based on previous estimates, it may be possible that the site will be profitable this year.

There are certain parts of the government’s digital economy bill that appear to have gone almost unnoticed, as more time is spent looking at the action of banning those users who are constantly being warned about their internet activities. Part of the bill was thrown out of the Lords only to be replaced by a clause that could mean trouble for websites like YouTube. The clause, suggested by the Liberal Democrats, was forced through parliament.
Olympic hopeful Nodar Kumaritashvili's luge accident has not only led to a flood of YouTube 'reports' and comments but also to just as many critical voices regarding users making money from the tragic death.













