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  • Korkki@lemmy.worldEnglish
    31·
    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.

        • MaybeItWorks@sh.itjust.worksEnglish
          1·
          1 year ago

          Eh, your average bear isn’t doing a bunch of hosting. Sure there are folks who do, but the vast majority of the population does not give a shit about hosting. They do care when you interrupt their photo/video storage, though.

        • MaybeItWorks@sh.itjust.worksEnglish
          1·
          1 year ago

          That is why I called it a loss leader. It is meant to attract people to the ecosystem (hence free), not be the product itself. Of course if you are appropriately creating, pricing, and selling low cost storage as a business model, you will nail it.

    • dam5s@kbin.social
      1·
      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.

        • dam5s@kbin.social
          0·
          1 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.