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07/27/2009
YouTube Can Be Very Profitable In The Near Future (The Business Insider)
A few weeks ago, everyone agreed that YouTube was going to be a perpetual money pit.
Then, a week ago, Google said YouTube is coming along nicely and will soon be profitable.
Now everyone agrees that YouTube will soon be raking in money hand over fist.
Mark Mahaney of Citi called the CDN folks at RampRate to get their take on the latest consensus. They agree.
