Re:YouTube Down
by DogOfTheGaps on Wednesday November 11, 2020 @10:19PM
(#25066027)
Can you give an example of a major media company that no longer exists? CBS,NBC,ABC,Fox, etc have existed for ages.
There's tons that no longer exist as independent entities. Of the Big 5 movie studios, only MGM is still independent. 20th Century Fox is under Disney, Paramount is under CBS, and Warner Bros is under AT&T, though they retain some identity still.
But RKO is just straight up dead, which I don't think anyone would have called in 1943, its 15th year. 1946 would be its most profitable year. It was gone in 1957.
And Youtube is under Google since 2006.
That would be the case if YouTube wasn't acquired by Google and totally an independent company, it would most likely be dead by now. Like other social networks and media companies, they come and go with the times.
An example of a non-media company wanting to exist for 'centuries', I guess Evernote is dreaming to join the ranks of IBM, Nintendo, etc when they still want to be a 100 year old startup. [0] I think reality says other wise.
[0] https://www.fastcompany.com/3012870/evernotes-quest-to-becom...
Get a grip. Media companies come and go. They always seem unassailable at their apex.