Youtube was doing it for years before Google acquired them.
Yeah, good luck hosting a high quality video streaming service for free and eating up millions of dollars in losses.
dangblingus@lemmy.world 1 year ago
thewitchslayer@sh.itjust.works 1 year ago
YouTube only existed for about 20 months before Google acquired them
Aux@lemmy.world 1 year ago
It didn’t exist that long. And it didn’t allow you to watch 4K or even Full HD videos.
Phegan@lemmy.world 1 year ago
Breaking up big tech doesn’t mean that we all have to host our own YouTube.
Aux@lemmy.world 1 year ago
It doesn’t. But you need to have a replacement. So, go ahead, and create a free video hosting!
eskimofry@lemmy.world 1 year ago
They don’t have to be dicks about it. Neither do you.
funkless_eck@sh.itjust.works 1 year ago
then don’t do something for the benefit of humanity if you can’t handle not having infinite line-go-up. Numbers aren’t easily found but it looks like they generated north of a billion in profit, not revenue, profit.
If a billion, after all bills are paid, is not enough. Give it to someone to whom a billion is enough.
Aux@lemmy.world 1 year ago
Wut?
funkless_eck@sh.itjust.works 1 year ago
companies enshittify themselves not to make money but to make more money than they did 3 months ago, repeat indefinitely.
If you didn’t have to meet that metric, and were happy with generating a billion dollars a year and didn’t have to make it 1.3B by next year, and 1.6B by the following, then you wouldn’t have to shittify your product to do so.
So when people are like “oh but poor YouTube won’t make any money if they make their product user friendly” don’t mean they will make no money, it’s that they will fall short of making 30% more money than last year and “only” make 10% more than last year.
(all numbers made up for illustrative purposes only)
Aux@lemmy.world 1 year ago
That’s your problem here. YouTube’s revenue growth is less than 2% YoY. That’s below inflation. Meaning they effectively lose money.