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> Google has to pour money into youtube to keep it actively developed and popular. Yet they still lose live streamers to Twitch, video uploads to all kinds of n
by oblio 2y ago
> Google has to pour money into youtube to keep it actively developed and popular. Yet they still lose live streamers to Twitch, video uploads to all kinds of niche specific platforms, and their paid content isn’t coming close to things like Netflix, max, prime, etc.
Phew, here I was stressing out about lack of competition, but you helped me relax.
Google has to invest into Youtube lest it loses out to Twitch (Amazon), Netflix ($35bn per year), HBO Max (Warner Bros, $50bn per year), (Amazon) Prime, Plus (Disney, $90bn per year).
My faith in humanity is restored now that there are alternatives.
From other MegaCorps.
- kortilla 2y agoThat’s competition, don’t shift the goalposts. I picked well-known names as examples. There are thousands and thousands of niche providers.
- littlestymaar 2y agoThat's not competition, that's an oligopoly and they are mostly focus on their own niche for which there isn't more than a minority competitor (there's no competitor to Youtube on for non-live video, Twitch is in a monopolistic competition situation for game streaming, so is netflix on TV series, and Disney and HBO each have a monopoly on their IP). Claiming that this is a competitive market is a joke.