YouTube - Financially Viable?
Posted in strategy, venturecapital Wed, 14 Jun 2006 06:32:00 GMT
YouTube may be the most popular video sharing website but according to a recent article on The Register they've burned through nearly $11.5 million in venture funding without any revenue channels. I've often wondered about this. What is YouTube's business model? It looks suspiciously like chasing eyeballs at the moment but I'm hoping one will emerge soon.
The article's main issue, that people give YouTube a "worldwide, non-exclusive, royalty-free, sublicenseable and transferable" license to use their work is also of interest. I wonder when we'll see them start to use those rights and in what ways. Will there be a backlash? For now it seems people either don't know about it or are trusting YouTube to do no evil.