My son is a gamer with a large youtube presence. He has nearly 900,000 subscribers at last check. He tells me that his youtube revenue has dropped nearly 30% YOY. He has lost some subscribers in 2014 from a peak of 925,000 in 2013. All of his gaming friend with large channels say the same thing, a large drop in subs and/or revenue. They are all talking about views per video and sub losing somewhere along the lines of 30-50% YOY.
This has to bode poorly for GOOG shares.
This has to bode poorly for GOOG shares.