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  • @Korkki@lemmy.world
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    1201 year ago

    I guess it’s just impossible to make these types of large media storage sites profitable. The business model itself is inherently unprofitable despite there being a need for these sites. Like youtube will never bring a cent back to google, but they keep running it because it locks people into their ecosystem for data harvesting.

    Could also be that snap bought gfycat just to kill it.

    • dam5s
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      61 year ago

      Youtube is definitely bringing back a profit to Google. Probably not huge, but definitely far from 0% return.

      Now they did have to shove way more ads in there to make it happen.

      Having an acceptable ratio between ads and a big media storage seems pretty much impossible, unless subscription based which most people can’t really afford.

        • dam5s
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          21 year ago

          Well a lot of people expect everything to be free too.

          But while I can afford to pay for my email provider and a few services, there is a large population that is struggling to even pay their rent.

          • Peacemeal12
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            21 year ago

            This is it, really. When people are living paycheck to paycheck which most people are there really just isn’t money to go around to be paying for all these services. The money that could’ve gone to subscription has been taken by increasing costs of groceries

      • Rhaedas
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        11 year ago

        At least Google is smart enough to not put limit caps on video views or posts.

    • bioemerl
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      21 year ago

      They aren’t profitable currently because of the race to the bottom are free sites funded by cheap venture capital are able to succeed drive out all the ones that actually have sustainable business models.

      What’s going to happen here in the very near future is the sites that charge you to upload, were you actually have to pay for your usage of the internet are going to pop up and then they will sustain themselves for longer periods of time.

      Growth phase is over on the internet,

    • Hyperreality
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      1 year ago

      Could also be that snap bought gfycat just to kill it.

      Wouldn’t surprise me.

      Why compete when it’s cheaper to buy then shut down your competitors?