I'll preface this with the most important part that cancer sucks and I wish it not even on my worst enemies. I hope Susan's family can find some peace.
>but it is objectively one of the most successful businesses in tech or media to emerge in the past 15 years. If it weren't buried inside Alphabet, Youtube would be worth on the order of $400 billion, more than Disney and Comcast combined.
it's very weird because "successful" doesn't mean "makes the most profit" here. It's undoubedtly a huge and challenging infrastructure to manage, but it apparently took Google over a decade to start being profitable. I don't know if that's some hollywood accounting or commodification to ads, but in many ways I feel like YT outspent the rest of the competition and in some ways stifled more efficient ways to deliver video content.
I feel a bit bad because it's clear YT has been turning the script for some time, and while Susan took a lot of that blame these wheels were turning long before she became CEO (and turn long after she stepped down). But that just shows why monopolies are bad. I do hope something better for creators takes over eventually.
>but it is objectively one of the most successful businesses in tech or media to emerge in the past 15 years. If it weren't buried inside Alphabet, Youtube would be worth on the order of $400 billion, more than Disney and Comcast combined.
it's very weird because "successful" doesn't mean "makes the most profit" here. It's undoubedtly a huge and challenging infrastructure to manage, but it apparently took Google over a decade to start being profitable. I don't know if that's some hollywood accounting or commodification to ads, but in many ways I feel like YT outspent the rest of the competition and in some ways stifled more efficient ways to deliver video content.
I feel a bit bad because it's clear YT has been turning the script for some time, and while Susan took a lot of that blame these wheels were turning long before she became CEO (and turn long after she stepped down). But that just shows why monopolies are bad. I do hope something better for creators takes over eventually.