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>The paying of creators definitely anti-competitive It's really not any different than what Netflix is doing now, right? Discounting SEO, the major issue was

>The paying of creators definitely anti-competitive It's really not any different than what Netflix is doing now, right? Discounting SEO, the major issue was that they didn't build their own ad network. You set up business in Google's front yard and didn't like it when they told you to get out. The ad network (or rather the monetization model) is the hardest part of building a video sharing site. If that part wasn't figured out then it's hard for me to believe you were actually serious about building a content network. Given how much this guy cried about how much money he is "owed" I'm less likely to believe he was slighted and more likely to believe he was a greedy exec who was in over his head.

dalore 7y ago
From the article: > he walked away with about $50 million when News Corp purchased my space. He should have walked away with a lot more He thinks that News Corp should have paid more for myspace? Because they got so much value from it.
- deleted 7y ago
  [deleted]
- metildaa 7y ago
  It does seem a bit out of proportion, News Corp bought a business that proceeded to sink. I think Peertube and other Fediverse stacks like Mastodon, Pleroma, Pixelfed & Lemmy will continue to bleed users from more traditional sites over the next few years. They've significantly lowered the barriers to running your own social site, creating a great variety of communities that otherwise would be much smaller or non-existent.
  - dalore 7y ago
    Yes, MySpace wasn't making any money if I recall and so had no real business plan. Sounds like the same like the guy complaining. They don't have real business plans to make money except an exit strategy to sell it to someone else. Their revenue was going to come from adsense? And he's complaining about google cutting him off. He should have been thinking how to make money, like his own adsense.
rubberstock 7y ago
Why don't you think that the hardest part is acquiring the viewers? At least nowadays, network traffic is cheap. You get 1TB for 1 euro [0]. You need 22 Mbps for 1080HD [1], which means you can stream 100 hours for 1 euro. If you stream 5min clips, that's 1200 clips for 1 euro. There should be enough ad networks that offer 2 euro CPM to make a profit. On the other hand, how can they make a profit if nobody is discovering their site? [0] https://hetzner.de https://hetzner.de [1] https://superuser.com/questions/434532/what-data-transfer-rates-are-needed-or-streaming-hd-1080p-or-720p-video-or-stan https://superuser.com/questions/434532/what-data-transfer-ra...
- nullandvoid 7y ago
  When you flip that on its head those rates actually seem pretty nightmarish when trying to compete with YouTube. 1200 views for 1 euro, that's 1000 eur for a million views. On top of that YouTube's rates of paying creators are in the same ballpark at 1k/million views. So yeah your ad model needs be paying 2k+ per million views ( any one more familiar with the ad industry know the real value made curiously? ) on a video or your screwed
- nemothekid 7y ago
  >At least nowadays, network traffic is cheap. But it's not. Your example is contrived, as Hetzner likely doesn't expect you to stream a 100 hours of 1080p HD content to 100 people simultaneously. Your users would have a laughably bad experience at scale. On a single box, it's unlikely you could max out your throughput - you could at most support 45 users on a single Hetzner node (1080p @ 22Mbps on a Gigabit connection in the best case). If you are going to be serving content with any level of seriousness you need a CDN. 1TB of bandwidth on Cloudfront costs $87. Akamai charges $100-$150. Thats 100x than 1 euro/TB you initially priced out.
  - cobookman 7y ago
    1TiB of CDN egress at market rate for large customers is less than a cup of coffee
    - 7y ago

dalore 7y ago

From the article: > he walked away with about $50 million when News Corp purchased my space. He should have walked away with a lot more He thinks that News Corp should have paid more for myspace? Because they got so much value from it.

deleted 7y ago
[deleted]
metildaa 7y ago
It does seem a bit out of proportion, News Corp bought a business that proceeded to sink. I think Peertube and other Fediverse stacks like Mastodon, Pleroma, Pixelfed & Lemmy will continue to bleed users from more traditional sites over the next few years. They've significantly lowered the barriers to running your own social site, creating a great variety of communities that otherwise would be much smaller or non-existent.
- dalore 7y ago
  Yes, MySpace wasn't making any money if I recall and so had no real business plan. Sounds like the same like the guy complaining. They don't have real business plans to make money except an exit strategy to sell it to someone else. Their revenue was going to come from adsense? And he's complaining about google cutting him off. He should have been thinking how to make money, like his own adsense.

rubberstock 7y ago

Why don't you think that the hardest part is acquiring the viewers? At least nowadays, network traffic is cheap. You get 1TB for 1 euro [0]. You need 22 Mbps for 1080HD [1], which means you can stream 100 hours for 1 euro. If you stream 5min clips, that's 1200 clips for 1 euro. There should be enough ad networks that offer 2 euro CPM to make a profit. On the other hand, how can they make a profit if nobody is discovering their site? [0] https://hetzner.de https://hetzner.de [1] https://superuser.com/questions/434532/what-data-transfer-rates-are-needed-or-streaming-hd-1080p-or-720p-video-or-stan https://superuser.com/questions/434532/what-data-transfer-ra...

nullandvoid 7y ago
When you flip that on its head those rates actually seem pretty nightmarish when trying to compete with YouTube. 1200 views for 1 euro, that's 1000 eur for a million views. On top of that YouTube's rates of paying creators are in the same ballpark at 1k/million views. So yeah your ad model needs be paying 2k+ per million views ( any one more familiar with the ad industry know the real value made curiously? ) on a video or your screwed
nemothekid 7y ago
>At least nowadays, network traffic is cheap. But it's not. Your example is contrived, as Hetzner likely doesn't expect you to stream a 100 hours of 1080p HD content to 100 people simultaneously. Your users would have a laughably bad experience at scale. On a single box, it's unlikely you could max out your throughput - you could at most support 45 users on a single Hetzner node (1080p @ 22Mbps on a Gigabit connection in the best case). If you are going to be serving content with any level of seriousness you need a CDN. 1TB of bandwidth on Cloudfront costs $87. Akamai charges $100-$150. Thats 100x than 1 euro/TB you initially priced out.
- cobookman 7y ago
  1TiB of CDN egress at market rate for large customers is less than a cup of coffee
  - 7y ago