That's one way of viewing it. The other way to view it is that YouTube pays tens of billions per year for content. Easily more than Netflix does. Now, it is tr

That's one way of viewing it. The other way to view it is that YouTube pays tens of billions per year for content. Easily more than Netflix does. Now, it is true they don't finance the production of that content up front, but then again they also don't get any rights to the works either. The original creators retain full ownership, unlike in traditional media production.