During the call Google CEO Sundar Pichai said, YouTube TV is “an exciting product.” Pichai went on to say, “It’s differentiated and has long run value for us because it brings our advertising products together including being able to serve it across TV.” Pichai added, “So we are clearly investing in areas where we see opportunity. We are pretty thorough about making sure our investments deliver growth on the other side. And so we monitored with metrics and beat engagement and revenue growth and we see a lot of opportunity here.”
This all comes as YouTube TV recently went nationwide and has become the service with the most live locals beating out Hulu.
There has been rumors that YouTube TV is still losing money because Google is spending big to add locals and features. Others have reported that YouTube TV ads are more profitable than traditional cable TV ads because they can be targeted to individual users. This reportedly has allowed Google to make YouTube TV profitable.
For now, no one knows to expect people inside Google if YouTube TV is profitable. What we do know is that Google seems very happy with YouTube TV’s success.
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