YouTube -- The Flickr of Video?
An anonymous reader writes "A new folksonomy website that seems to be catching on is YouTube, a service similar to Flickr, except that it is for sharing and hosting short video clips instead of photos. Like Flickr, its core functionality is implemented in Flash. Videos can be tagged, searched, discussed, etc through a social network. YouTube has developer APIs, RSS feeds, and the ability to embed videos directly into other web pages. The website was recently profiled on TechCrunch as an up-and-coming Web 2.0 application."
Would someone please be kind enough to explain how this site can be profitable or even break even for that matter. The bandwidth costs of a video site will NOT be offset by advertising revenue. I can't even believe that Flickr pays for itself through advertising.
Anyone that can offer real insight, and not the usual Slashdot-know-it-all-speak, would be greatly appreciated.
They switched over to DHTML a while back after people comlained.
http://www.youtube.com/terms.php
Under section 4, it says:
Do you think this is fair ?