YouTube getting bigger, but is it getting more profitable?

In mid-2007, six hours of video were being uploaded to the site every minute. It grew to 15 hours in January of this year and now stands at 20 hours a minute, YouTube said.

20 hours of videos uploaded every minute

We can see an exponential growth of videos being uploaded to the site, but Google has yet to make profit from YouTube. Google bought YouTube in 2006 for 1.65 billion dollars and after 3 years, they have yet to recover their investment. As more videos are uploaded, it is clear that maintenance costs are getting higher. If profit is not coming in, will YouTube be able to sustain in the long run? Having more videos doesn't really mean higher popularity and profit. And with more video uploading sites on the rise, I think YouTube might face difficulties in the future.