It's a symbiotic relationship. Without content creators, Youtube is nothing. Without Youtube's massive user base, content creators will reach no one. Meanwhile, Youtube is the one making money over fist (4-5 billion dollars per quarter), so I don't understand why we should feel sorry for their hosting costs.
Without content creators who refuse to allow ads in exchange for free hosting, is it nothing? Probably not, most creators do enjoy making money, and most of the ones putting out content for free, but without ads, will struggle to find a competitor who will indefinitely provide free hosting.
>4-5 billion dollars per quarter
In revenue, not profit. Very, very important distinction.
~~Okay then, 15 billion in profits last year. I'm no businessman but to me that's pretty damn good profits with those revenue numbers.~~
Edit: Alright, Google search failed me. Searching for profits gave me revenue. Sorry about that. Profits are still secret, it seems. But the hosting costs won't eat the lion's share of that, I can assure you.
Well according to this $8.5 billion of that is given to creators. Leaving 6.5 billion for hosting costs, development, and all the management that goes with a platform of that size. About 2.8 billion hours were spent watching youtube in 2019.
This isn't about covering expenses that they couldn't afford otherwise. This is about making enormously rich people even richer.
So you truly believe people should be entitled to free video hosting?
It literally costs money to host content. If you make the platform no money, Youtube has no obligation to keep you around. Just because I pay for my groceries doesn't mean you get yours for free. Just because one person is paying doesn't mean an equal numbers of others don't have to.
It's entirely possible that YouTube has never been profitable. The costs involved with it are stupendous. It's far more than just bandwidth. Storage and CPU for transcoding, the enormous databases required for Content ID, recommendations, comments and anti-spam, all the private videos you can't even see at all, etc. Then there's software development costs to manage the bandwidth and operations.
Isn't Youtube still not making a profit?
just sucks & is such a Lucy pulling out the football move, that YouTube helps everyone & especially the very small folk, rises to meteoric heights/total monolopy, then won't let some small fry newcomers enjoy either an unbelievably modest revenue or give away an ad-free experience to their new watchers.
> The discovery feature of Youtube shouldn't be understated either.
100% a video monopoly. youtube has us, has us all.
12 years of free video hosting with no ads and a platform for people to discover your videos is quite the deal.
They always had to add ads at some point, hosting video, and the bandwidth and transcoding that goes with it, is incredibly expensive, not to mention the dev time going into creating such a massive platform.
If you thought you could eat a free lunch forever... Well, I guess this is your rude awakening. But you honestly should have expected it.
The discovery feature of Youtube shouldn't be understated either. A large number of creators have most of their audiences because of Youtube. And honestly your example of Jim Sterling sounds like a smaller company would have gone out of their way to ban them. He's reaping all the benefits of the platform while giving nothing back.