Newspaper Argues That The Internet is Even Killing the Internet

 

he Independent has a massive piece today on YouTube and how, despite having close to 350 million users worldwide per month, it's set to lose almost half a billion dollars this year. And it's all your fault, naturally.

 

According to The Independent, here's the conflict: YouTube is expected to take in around $240 million in revenue from advertising this year. The problem is that this sum doesn't come close to covering the site's operating costs. Every minute of the day there are over 20 hours of video uploaded to YouTube and the costs involved with maintaining servers, bandwidth, software, etc, is astronomical, so much so that if it weren't for YouTube's "multinational sugar daddy," Google, supporting it and willing to bleed money to hold on to it as a property, YouTube would already be dead.

 

So whose fault is this? Yours! And mine, of course. Because we've become a bunch of spoiled little brats who refuse to pay for any content online, nor do we want to be bothered with stupid advertisements getting all up in grills during our web surfing.

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