Re:Rumor: Google spending $150M to launch 25+ professional Y...
by jcampbell1 on Friday October 14, 2011 @10:08PM
(#3113744)
> This is a REAL potential game changer
There is one problem. Google is going to spend $150 million on content, to earn about $10M in ad sales, and then will cancel the program. Cable companies charge an average of $1000/year per household and have 90% penetration. The economics of web video just can't compete.
There is one problem. Google is going to spend $150 million on content, to earn about $10M in ad sales, and then will cancel the program. Cable companies charge an average of $1000/year per household and have 90% penetration. The economics of web video just can't compete.