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YouTube to Bring In $500M This Year? March 17, 2009

Posted by andre in Internet & Communities.
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In a story about the effect of Google losing exec Tim Armstrong to AOL, the Wall Street Journal quotes an analyst saying YouTube will have $500 million in revenue in 2009.

YouTube…will account for only roughly 3% of Google’s net revenue this year, or $500 million, estimated Youssef Squali, an analyst at Jefferies & Co.

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via YouTube to Bring In $500M This Year? « NewTeeVee

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