Discussion in 'Blogs, Wikis, and other CMP's' started by Myrtonos, Dec 6, 2017 at 4:11 PM.
I heard on the weekend that Vidme is closing.
never heard of it...
also this is what we see
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Launched in 2014, over 30 million uniques per month a year later results in $10,000,000 venture capital financing over the next two years and now it's being closed because they 'couldn’t find a path to sustainability'? OK...
That they may be but the cynic in me wonders if it's just words to keep the investors at bay.
I'm still no wiser, what is (or was) it a site for exactly ?
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Vid.me was supposed to be a Youtube Competitor atleast that's how their team felt like I believe. But I think its hard to keep video streaming platforms going unless you are getting a good roi. Bandwidth prices are too high compared to the money being made.
Sites like netflix can go on because they have paid subscriptions. I'm not sure how websites like Dailymotion keep going. Youtube on the other hand is funded by google so they can keep going. Few years ago an article stated that Google was losing money on Youtube, but they don't want to give it up because it can be bigger in the future and they have a monopoly in that market.
sad but yes it is.
youtube cant even make money, hopefully youtube closes down and minds.com gets more popular
That's a shame. Not that I was using it, but a Youtube monopoly would be damaging. We already lost Dailymotion as the most serious challenger, and now this.
Video streaming is a though nut to crack if you need to make revenue since the beginning. The logical solution would be to join a company with longterm profitable branches carrying others or seek to remove the cost of the infrastructure (state support, deals with hosts/cdns).
Not only does YouTube cost more to run than it earns but look at its content to noise ratio. Also note how little they enforce copyright. There are copyright violations out there that devalue owership of copies of music albums, T.V shows, etc.
The main point of buying a copy of, say, a music album is listening to it. If you can only hear samples of each track, or some whole tracks in advance, then you are defating the purpose of buying it, but sites like Bandcamp unfortunately do exactly that.
youtube loves to force content violations on anything they consider conservative views I would say, they are liberal loving elitists and it will end up sending the site to the grave if they dont change their ways..
It's best not to confuse your ideology with reality. Fact: all non mainstream news and commentary sites (especially small ones) are especially hard-hit by this new policy. I can list many left wing channels affected by it. YouTube exist to make money, not to worship one particular ideology. The point of this new censorship is to accommodate the transitional move of cable news into YouTube. That's the point of YouTube TV, something that I refuse to watch even once. I haven't been watching TV for almost ten years and don't intend to do so on YouTube either.
If you take off your tin foil hat, you'll take off all your preconceived bias along with it and you'll realize that it's really just all about the money.