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5-Year-Old Hosting Service AllMyVideos, No Longer Profitable, To Shut Down (torrentfreak.com)

Posted by msmash on from the all-good-things-come-to-an-end dept.

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.

7 of 59 comments (clear)

  1. All My Videos nolonger belong to us by jfdavis668 · · Score: 3, Funny

    Sorry to see it go.

  2. Must be very popular by Anonymous Coward · · Score: 5, Funny

    This must be super popular because I've never heard of it.

    1. Re:Must be very popular by Anrego · · Score: 3, Informative

      This was pretty much my thought.

      Quick google and just looks like one of the many youtube wannabies out there that started to spring up when hosting video (at least on a small to mid scale) started to become more feasible.

  3. Re:Yet again... by GrumpySteen · · Score: 3, Insightful

    The federal interest rate has absolutely nothing to do with a business failing after five years of losing money. Some of the actual reasons are mentioned in the article that you obviously didn't bother to read.

  4. Re:Really? by ledow · · Score: 3, Insightful

    5-year-old website nobody's ever heard of, with no business plan, little to no profit ever and obvious misuse for piracy that offers yet-another-file-download service bouyed up for even that long by a handful of ads.

    vs

    100-year-old bricks-and-mortar, household-name geek store, which we all have nostalgia for the local equivalent of, slowly pushed out of the high street, as a sign of declining necessity and changing use of technology, after a long-established and massively profitable business in many countries for nearly a century, until last year.

    Yeah. Same thing.

  5. Re:Doesn't surprise me by AAWood · · Score: 3, Informative

    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.

    One of the other biggest reasons for for AllMyVideos (and a number of other similar sites) to exist is for hosting all the none copyright-violating stuff that the big boys like YouTube and DailyMotion misdetect and wrongly block.

  6. Re:And you can thank all the ad blocking for that by war4peace · · Score: 4, Insightful

    Blocking ads came as an effect. The cause being obnoxious ads.
    It was a run to the bottom (top?) since then.
    Ads became more obnoxious, ad blockers became more complex, and so on, and so on.
    Of course, some websites would fall. Is this users' fault? Only if you look no further.

    --
    ...gis sdrawkcab (usually not responding to ACs; don't bother posting as AC)