Google Losing up to $1.65M a Day on YouTube

Google is spending more than $2 million a day on YouTube — and it is nowhere near seeing a return on that investment. Indeed, it may be losing up to $1.65 million daily on the video site.

According to financial firm Credit Suisse and Internet measurement provider comScore Inc. , YouTube Inc. is on track to serve 75 billion video streams to 375 million unique visitors in 2009.

That’s the good news. The bad? To support those visitors, Google (Nasdaq: GOOG) will spend more than $2 million dollars daily..

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