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  • Korkki@lemmy.worldEnglish
    1·
    1 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@kbin.social
      0·
      1 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.