I just read an interesting post on "I, Cringely" about Youtube, and the two things stuck in mind: 2 billion downloads per day and almost profitable.
I couldn't agree more with these statements about why Youtube is still unprofitable:
I couldn't agree more with these statements about why Youtube is still unprofitable:
- Most of the content is crap.
- Distribution costs are still too high.
- The ad model isn’t clear.
- The average video is still less than four minutes long so this is not a medium for story telling in any strict sense.
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