this post was submitted on 16 Jan 2024
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Im not holding my breath for someone to start hosting petabytes of videos for free. I don’t like ads, so I’m just going to pay.
Counterpoint. There used to be far less ads
Counterpoint. Still not making profits.
Counterpoint to the counterpoint: Youtube made $28 billion in revenue in 2021. Bandwidth and storage space are expensive but i can't believe they're that expensive. If they're not profitable then i have to assume that's a decision they're making.
But how will the CEO afford their 7th yacht?
They pass a lot of the income to producers. Youtube allegedly pays best. They have a ginormous catalogue of videos and allow any user to upload unlimited data.