youtube to go out of business

dsister44

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dsister44 on 13 April 2009

Too many users not enough cash

YouTube is about to go down the gurgler according to Benjamin Wayne the CEO of Fliqz.

Writing in his purple prose stacked blog, Wayne said that YouTube, was an "incandescent tower of video Babel; monument to the sloughed-off detritus of our exponentially-exploding digital culture". Wayne described it as a "Technicolor cataract of skateboarding dogs, lip-synching college students, political punditry, and porn".

However he claims that it has reached the zenith of its meteoric rise; and Icarus-like, wings melting; is spiraling back to earth. Murdering the metaphor he added that YouTube was soaring towards the future like a pigeon towards a plate glass window. We guess he didn't realise that pigeons can't soar upwards towards a plate glass window unless it was being towed behind a 747.

Wayne pointed out that YouTube is on track to lose roughly $470 million in 2009 something its overlord Google is not going to be happy about. He said that the economics are hard to overcome and there is no way that YouTube will make enough cash to be sustainable in the long term. The outfit would have to make $9.48 for every video impression shown something which they cannot do.

Wayne added that YouTube's traffic will grow and cost a fortune to run. He thinks that eventually the outfit will have to come up with a subscription.

Thatmax

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Thatmax on 13 April 2009

I can't see that happening, it would be a monumental loss to the internet if it went under.

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gergroy on 13 April 2009

government bailout here we come! lol

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ManusJustus on 13 April 2009

I'm a bit skeptical of those numbers.

dsister44

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dsister44 on 13 April 2009

i dont really care. i dont go there anyways

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akuma587 on 13 April 2009

Link?

We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls. The only thing that really worried me was the ether. There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...." Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson