They’re especially greedy when you consider they are not only the most profitable of all their competitors (Netflix/Disney Plus/Hulu/etc), but that they’re unique in that they’re the only one who doesn’t fund creating any content at all.
At least the other companies put tons of money producing content alongside their other stuff. YouTube just lets others do that for them and then takes all the profit.
So how does YouTube really justify their costs for premium with zero production costs and the largest profit margin?
Most other companies can be selective in what they host / stream. YouTube will host/stream anything users upload and that’s actually quite insane. Current statistics say that YouTubers upload 30.000 hours of video… per hour.
Aside from the streaming/processing, only the disk space that would need is already frightening. Most of those videos will never be seen, and no ads will be played on them. The setup needed for this is massively more impressive to me than services like Netflix.
Do you perhaps have a source for those profit margins? I really wonder if they’re already running break even.
From a technical perspective, I wonder what they do with those seldom viewed videos. Do they get stored somewhere in slower, deep storage, only to be eventually transferred out and cached when they’re actively receiving views? I imagine you wouldn’t want to waste faster, more expensive storage on something that’ll likely rarely to be retrieved.