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5-Year-Old Hosting Service AllMyVideos, No Longer Profitable, To Shut Down (torrentfreak.com)
Founder five years ago, AllMyVideos.net is one of the most popular video hosting services out there, but it will be shutting store this month. Though millions of users visit the website every month, the company said it operated on "minus 20 percent" profit margin. "We are sorry to inform everyone that effective October 23, 2016 Allmyvideos.net will stop accepting new uploads and the site will close fully at the end of the month," the site announced.
Sorry to see it go.
This must be super popular because I've never heard of it.
Sounds like the founder gave up trying to evolve it and rather than selling, would rather consign it to the dustbin. Sadly, no one can compete with youtube these days because of the legal issues and profitability scale involved.
"Unprofitable business model leads to business not making enough profit"
Honestly, where's the news or the shocking surprise.
A high-end, tech-heavy hosting site that you can upload stuff to for free, and share to people for free, and they can all watch it for free, not making money? Amazing.
And their premium offering gave you:
- Ad-free access and no waiting
(So you pay to make the ads go away)
- No daily streaming limitations
(Amazing - how much time do you think one person will spend on such a website streaming videos from it exclusively, such that they will pay to remove the restriction?)
- Unlimited parallel downloads
(Ooooh... so I can download more than a handful of videos at the same time. Or just do a few and wait)
- Upload larger files - up to 5GB
(5Gb of MP4 is a LONG movie)
- Files never removed due to inactivity
(Except if the company goes bankrupt...)
- Special dedicated servers just for PREMIUM Members
(Oooh! But if the free service was shit, nobody would bother to pay for the premium one anyway)
- Mobile access - iPhone and Android
(You mean I can watch videos on my smartphone too!?)
- Download original files
(You mean I can download the thing I'm watching?!)
- Upload more files simultaneously
(See "Unlimited parallel downloads")
- Create custom links to track traffic
(Because there's no other way to do that)
- Ultimate file security with AES encryption
(WTF does that even mean in the context of a video-sharing website?)
Amazon Prime? People queried why I bought it. Because my usage pattern makes it have value enough for me even if theirs doesn't.
But what these people have made is a pay-for YouTube. One of thousands of them. A website that's incredibly annoying to download anything significant from, and would confuse people for even casual use (e.g. your family video), and which nobody with a brain would ever pay for against other sites offering the same or more.
And I imagine the costs of DMCA takedowns alone would wipe out anything that you've got coming people. People will badly abuse a site like this, and maybe even pay to do so, just like any other file download site.
Where was the profit, ever?
There should be a register of people who have owned a company with a turnover over a certain amount, which later closes business, so that you can deny these people ever running a business again.
Federal Reserve starts cranking up interest rates, investor funds start drying up, unprofitable businesses start dropping like flies...think I've seen this movie before.
Or, I suppose, one could replace "Federal Reserve" with "Animal Spirits" if they wanted to tow the party line.
One of the biggest reasons for AllMyVideos (and a number of other similar sites) to exist is for hosting all the copyright-violating stuff that the big boys like YouTube and DailyMotion detect and block.
And the sort of people who seek out such content are exactly the sort of people who are least likely to pay AllMyVideos any money and the most likely to use whatever combination of blocking software and tools are necessary to avoid the annoying ads (after all, one big reason why they want to find the stuff online rather than watching it on TV is because they want to avoid all the ads TV gives you)
So its not surprising that AllMyVideos is failing (not getting enough people paying for premium stuff and not getting enough people viewing their ads either)
Giant torrant.
So were these sites ever profitable? I assume that Kim Dot Com was running Mega profitably, was this one ever cash flow positive?
On a side note how about all the other cash flow negative internet 'businesses' (hobbies AFAIC)? I fully expect the Fed to announce a new round of QE sometime but not too long after the elections, that will help them I suppose. Other than that those types of enterprises should also be readying to shut down.
You can't handle the truth.
There is no K in Yamaha, maker of motorcycles and FM synthesizers. It might be what your computer's spell checker recommended, but many spell checkers fail to take into account phonics or context, instead focusing on presses of a key near the presumably intended one. A "yarmulke", a beanie worn by Jewish men, was probably meant.
This is what happens when careless consumers ad block and don't consider the ramifications of how they're taking the only revenue source away from the web services they love to use. It's a shame it went out of business. It's not surprising and if you ad block, it's your own fault. The online ad business has been beat to shit over the years and it's tough enough to make a profit as a web service these days, never mind ad blockers. People ad block proudly like they're smart for doing it or whatever. Not smart - online is only medium, unlike TV, print, radio or streaming audio services, that has to tolerate ad blockers. Go ahead, keep blocking ads and kill the free web. No biggie, right?
Wait, how come I literally NEVER heard of this hosting service before if it was "one of the most popular" ?
Stop claiming something is popular when it really isn't, otherwise most people on the internet would've at least heard of it in passing, but this is the first time I even see any mention of this site, when I asked a couple friends, none of them even knew what it was too.
Muphry's Law. Any spelling/grammar/language usage flame post will inevitably involve at least one mistake.
Bio questions? Ask me to start a Q&A journal. Computer analogies available for most topics!
I never even heard of it, but I don't make videos so I don't really care if another shit site, catering to narcissists out there, bites the dust.
And use the loss to avoid taxes for life.
Maybe I'm living under a rock, because I've never heard of this site. I thought YouTube was pretty popular.
Chewbacon
The Bible is like Wikipedia: written by a bunch of people and verifiable by questionable sources.
Pretty sure it's meant to say "Founded five years ago", so to be fair it's only 1 letter out. That's better than most /. summaries manage :)
OH man, kids these days. To find out a 5-year-old is hosting a website. I recall my first day of Kindergarten when I was 5 years old. But kids these days are born into the world of smartphones and high technology. It's truly amazing what kids cans accomplish now. Most kids set up a lemonade stand but hosting a web site is awesome.
What do you expect from manishs?
At the bottom of the
I stop it the most efficient native way doing more for less: APK Hosts File Engine 9.0++ SR-4 32/64-bit https://www.google.com/search?...
Ads rob speed, security (malvertising) & privacy (tracking).
Hosts add speed (hardcodes/adblocks), security (bad sites/poisoned dns), reliability (dns down), & anonymity (dns requestlogs/trackers) natively.
Works vs. caps & PUSH ads.
Avg. page = big as Doom http://www.theregister.co.uk/2... & ads = 40% of it.
Hosts != ClarityRay blockable (vs. souled-out to admen inferior wasteful redundant slow usermode addons)
Less power/cpu/ram + IO use vs. DNS/routers/addons/antivirus (slows you) + less security issues/complexity.
Compliments firewalls (blocking less used IP addys vs. hosts blocking more used domains) & DNS (lightens dns load).
Gets data via 10 security sites.
APK
P.S. - Safe https://www.virustotal.com/en/... (Verified by Malwarebytes' S. Burn "seen the code & it's safe" http://forum.hosts-file.net/vi... )
See subject: "... Death, sometimes, had its price. That is why the bounty killers appeared"-> https://entertainment.slashdot.org/comments.pl?sid=9775949&cid=53085867/
* Strong sites will survive - so will the web, as it did LONG before it was monetized for advertisement.
(If those ads wouldn't INFECT us w/ malicious code, slow us down & track us? That program NEVER would've been released to the "general public" in the 1st place... but, here we are, doing MORE for stopping that, natively, & for FAR less...!)
APK
P.S.=> "Video Analogy" from For a Few Dollars More https://www.youtube.com/watch?v=O9vZJMVYHf0/ , starring "the KING of cool", Clint Eastwood (out here in the "wild west of the web" (complete w/ 'outlaws' & all)) ... apk
Better remove it from my SALTS config then.
Most popular video hosting service? Wow... guess I'm out of touch with the whole video hosting service thing.
I did some research sometime ago and came up with names like YouTube (obviously), Vimeo, Metacafe, Dailymotion, Break.com, Crackle, Viddler and stuff from other countries like NicoNicoDouga and Youku. But AllmyVideos? Never even heard of it.
To be fair: Only one of the two earns their money by writing.
I'm guessing in a couple hundred years some super smart geeks will figure out a way for anyone to operate a functionally equivalent (hell, vastly superior) service from home with their raspberry pi 7 they bought for a quarter from a vending machine.
Free and Open Source Software Rocks!
Do you mean Murphys Law? :^)
Whoosh!