Alphabet Doesn’t Need YouTube Red Site to Be in the Black

TheStreet: YouTube Red, Google’s paid streaming service, does not have any shows that have generated much awareness. “The issue is that they’re aiming for a pretty young demographic,” says Joel Espelien, senior analyst at the research firm the Diffusion Group. “The core demographics of YouTube are 12- to 24-year-olds, and that’s not really a subscription audience.”