Video hosting is a perfect storm of expensive things: lots of egress bandwidth, lots of storage, and lots of compute for transcoding. And most of the effort is

Video hosting is a perfect storm of expensive things: lots of egress bandwidth, lots of storage, and lots of compute for transcoding. And most of the effort is wasted because most videos get watched only a few times, and only in a few of those transcoded formats. So they're not going to pull their weight even if you slap ads all over them.