Re: [videoblogging] Re: Should Google Kill Youtube?

2008-06-29 Thread WWWhatsup
I make an effort to keep the Internet Archive updated - I reckon that
should outlast us all..

joly

At 12:39 2008-06-28, Jay dedman wrote:
some videobloggers are building a library of their work...and working
hard to build an audience/community/resume.
some people are having a lot of fun uploading videos of the
moment...not worrying if the videos exist next week.

---
 WWWhatsup NYC
http://pinstand.com - http://punkcast.com
--- 



Re: [videoblogging] Re: Should Google Kill Youtube?

2008-06-28 Thread Jay dedman
 I do need to care because if all the video sharing sites go away,
 then where am I going to put my video's? Upload to my host? Still
 learning how to do that, I use the other services because they are
 easy and I don't have to figure MORE stuff out

we've discussed this from time to time: How important are video hosting sites?
Yes, they make it easy for beginners to get a video hosted.
But i dont think it'd be too difficult to create a system that let you
upload to your own server easily.
The new wordpress has an open video uploader that could probably
handle a built in system as easy as Youtube.

Also, when using something like vPIP.org, the player gives you the
self-generated embed code and other cool share features.
I would love for an embedded player to look like this:
http://www.flickr.com/photos/jaydedman/2368813105/
Add a support link and you're golden.

Yes, video hosting sites handle any bandwidth overloads if your video
gets seen ten of thousands of times.
A standard hosting package already gives me an incredible amount of
storage and bandwidth. More than I now what to do with.
But how many videos actually go viral?
I'd love to figure out how many views of a 20mb video my $50 annual
hosting package could handle each month.
Using Amazon S3 lets you scale up easily and affordably on the fly.

yes, video hosting sites also offer community.
many people go to youtube or blip, do a search, and find your videos
on their systemnot on your site.
this is really the Youtube draw right now.
its a destination site.
But this is also why Tubemogul.com is cooljust upload videos to
all the free hosting sites.
throw a big net.

I think i'm just mining the professional vs amateur argument.
some videobloggers are building a library of their work...and working
hard to build an audience/community/resume.
some people are having a lot of fun uploading videos of the
moment...not worrying if the videos exist next week.

I still upload my videos to blip.tv.
i like the guys that made the service, they make it easy for me, they
allow really good quality videos, and I buy the blip pro to support
their site. I do have my eye on how to host my own videos as easily.

Jay

-- 
http://jaydedman.com
917 371 6790


Re: [videoblogging] Re: Should Google Kill Youtube?

2008-06-27 Thread Mark Shea
My concern with youtube is that they don't really seem to want to take it out 
of the bedroom. I am based in Australia, and I really can't believe the crap 
that is promoted. 

Let me give you some examples of three recently promoted videos:

http://www.youtube.com/watch?v=UwvLns2uEhE

http://www.youtube.com/watch?v=jRpCWvo7UdU

http://www.youtube.com/watch?v=gtx-hT7zFNU

So there you three promoted videos that have a go at children, old people and 
gays. Maybe some of the blame lays with Australian youtube community manager, 
Damien Estreich http://www.youtube.com/user/YourTubeNEWS, but youtube employ 
him, so surely have some say in what he chooses to be featured.

Is youtube really just the 'revenge of the nerds' giving losers the chance to 
air their grievances with the world! If so, I think their is room for an online 
video portal that deals with anything other than vloggers ranting in their 
bedrooms - documentary, travel, how to, etc etc

Mark

Heath [EMAIL PROTECTED] wrote: I think that is 
really one of the greatest failures of YouTube, how 
 to deal with all those really nasty comments.  I will be honest, I 
 can't for the life of me understand why more people don't do 
 something about it.  Some of the stuff left as comments are vile, 
 just vilemaybe it really is just a small percentage, but it 
 doesn't seem like it.
 
 Heath
 http://batmangeek.com
 http://heathparks.com
 
 --- In videoblogging@yahoogroups.com, Rupert [EMAIL PROTECTED] wrote:
 
  Great point.
  But I'm not sure they'd continue elsewhere - it hasn't happened so  
  far.  I think the only reason the haters are so prolific on 
 Youtube  
  is that it's so easy to comment.  There's just The Box under every  
  video.  You write your shit and press send.  You'd think that that  
  ease *should* translate into great community  discussion, but it  
  doesn't.  Make people do one more thing before they press send - 
 like  
  add their email or URL or a subject line, or have some kind of  
  traceable identity  profile - and it becomes too much effort to 
 slap  
  someone and run away.  That's my opinion.
  I have comments approval turned on by default on all my videos on  
  YouTube.  If anyone writes anything hateful, I block them AND mark  
  them as spammers AND report them.  They should all be hunted and 
 killed.
  
  
  On 16-Jun-08, at 3:28 PM, Clintus wrote:
  
  In one hand I would love for it to burn to the ground. I hate that  
  place.
  
  On the other hand though, the haters that have made a home for
  themselves there would need to seek a new place to spread their shit
  and that means into the truly great communities out there that are
  virtually hate free. That would be a sad day.
  
  So yeah, not sure where I stand on this. Great post though.
  
  --- In videoblogging@yahoogroups.com, Heath heathparks@ wrote:
   
Very instering article on cnet today
   
http://news.cnet.com/8301-13506_3-9968220-17.html?tag=cnetfd.mt
   
The big points are that Google overpaid for Youtube, (who didn't 
 know
that?) But the idea that they could actually dump it, because 
 they
can't figure out a way to make money off user generated video...I
think that is a real possibility. And I fear what that would mean
for all of the other video hosting sites if it happens.
   
Read below..
   
Do you remember the good ol' days of YouTube? Back when a private
company owned it and you could post and view whatever you wanted 
 up
there and no one would say a word because, well, it was 
 practically
bankrupt and copyright owners knew they wouldn't get anything 
 out of
a lawsuit? Those were the days, weren't they?
   
Now, after a $1.65 billion buyout by Google, YouTube is not only 
 a
veritable junkyard for all the crap we didn't watch a couple 
 years
ago, but a bloated mess that costs too much to operate, has a 
 huge
lawyer target on it, and barely incurs revenue.
   
And to make matters worse, Eric Schmidt, the CEO of Google, has 
 no
idea what to do about it.
   
Speaking to The New Yorker, Schmidt said that it seemed obvious
that Google should be able to generate significant amounts of 
 money
from YouTube, but so far, it has no idea what to do.
   
The goal for YouTube is to build a tremendous communityIn 
 the
case of YouTube we might be wrong, he said. We have enough 
 leverage
that we have the leverage of time. We can invest for scale and 
 not
have to make money right now, he said. Hopefully our system and
judgment is good enough if something is not going to pay out, we 
 can
change it.
   
But is changing it really the best idea? Since Google acquired
YouTube, the company has tried desperately to make something,
anything, from its $1.65 billion investment, but so far, it has
failed miserably. Of course, it thinks that 'pre- and post-roll'
advertisements may work, but 

[videoblogging] Re: Should Google Kill Youtube?

2008-06-17 Thread Heath
--- In videoblogging@yahoogroups.com, Sull [EMAIL PROTECTED] wrote:

 People want:
 
 - Professional content
 - Viral content
 - Important content
 
 Most user-gen content does not fit within these constructs.
 At least not on a consistent basis.
 And most people should not care. The Audience of 10.
 If you do care about how large of an audience you have and you do 
want to
 try and monetize, then you will need to output professional and/or 
important
 content.  You'll have to fill in the blanks here.
 
 sull

I do need to care because if all the video sharing sites go away, 
then where am I going to put my video's?  Upload to my host?  Still 
learning how to do that, I use the other services because they are 
easy and I don't have to figure MORE stuff out

Heath
http://batmangeek.com
http://heathparks.com






[videoblogging] Re: Should Google Kill Youtube?

2008-06-17 Thread Heath
I think that is really one of the greatest failures of YouTube, how 
to deal with all those really nasty comments.  I will be honest, I 
can't for the life of me understand why more people don't do 
something about it.  Some of the stuff left as comments are vile, 
just vilemaybe it really is just a small percentage, but it 
doesn't seem like it.

Heath
http://batmangeek.com
http://heathparks.com

--- In videoblogging@yahoogroups.com, Rupert [EMAIL PROTECTED] wrote:

 Great point.
 But I'm not sure they'd continue elsewhere - it hasn't happened so  
 far.  I think the only reason the haters are so prolific on 
Youtube  
 is that it's so easy to comment.  There's just The Box under every  
 video.  You write your shit and press send.  You'd think that that  
 ease *should* translate into great community  discussion, but it  
 doesn't.  Make people do one more thing before they press send - 
like  
 add their email or URL or a subject line, or have some kind of  
 traceable identity  profile - and it becomes too much effort to 
slap  
 someone and run away.  That's my opinion.
 I have comments approval turned on by default on all my videos on  
 YouTube.  If anyone writes anything hateful, I block them AND mark  
 them as spammers AND report them.  They should all be hunted and 
killed.
 
 
 On 16-Jun-08, at 3:28 PM, Clintus wrote:
 
 In one hand I would love for it to burn to the ground. I hate that  
 place.
 
 On the other hand though, the haters that have made a home for
 themselves there would need to seek a new place to spread their shit
 and that means into the truly great communities out there that are
 virtually hate free. That would be a sad day.
 
 So yeah, not sure where I stand on this. Great post though.
 
 --- In videoblogging@yahoogroups.com, Heath heathparks@ wrote:
  
   Very instering article on cnet today
  
   http://news.cnet.com/8301-13506_3-9968220-17.html?tag=cnetfd.mt
  
   The big points are that Google overpaid for Youtube, (who didn't 
know
   that?) But the idea that they could actually dump it, because 
they
   can't figure out a way to make money off user generated video...I
   think that is a real possibility. And I fear what that would mean
   for all of the other video hosting sites if it happens.
  
   Read below..
  
   Do you remember the good ol' days of YouTube? Back when a private
   company owned it and you could post and view whatever you wanted 
up
   there and no one would say a word because, well, it was 
practically
   bankrupt and copyright owners knew they wouldn't get anything 
out of
   a lawsuit? Those were the days, weren't they?
  
   Now, after a $1.65 billion buyout by Google, YouTube is not only 
a
   veritable junkyard for all the crap we didn't watch a couple 
years
   ago, but a bloated mess that costs too much to operate, has a 
huge
   lawyer target on it, and barely incurs revenue.
  
   And to make matters worse, Eric Schmidt, the CEO of Google, has 
no
   idea what to do about it.
  
   Speaking to The New Yorker, Schmidt said that it seemed obvious
   that Google should be able to generate significant amounts of 
money
   from YouTube, but so far, it has no idea what to do.
  
   The goal for YouTube is to build a tremendous communityIn 
the
   case of YouTube we might be wrong, he said. We have enough 
leverage
   that we have the leverage of time. We can invest for scale and 
not
   have to make money right now, he said. Hopefully our system and
   judgment is good enough if something is not going to pay out, we 
can
   change it.
  
   But is changing it really the best idea? Since Google acquired
   YouTube, the company has tried desperately to make something,
   anything, from its $1.65 billion investment, but so far, it has
   failed miserably. Of course, it thinks that 'pre- and post-roll'
   advertisements may work, but the company isn't too sure.
  
   And therein lies the rub. If Google is unsure of how it can turn 
a
   profit on YouTube and it still has no idea if it will be able to 
get
   a return on its investment, why shouldn't it cut its losses and 
do
   something drastically different?
  
   Now I know that you're probably thinking that I've lost it and my
   editor overlords will finally put me out to pasture, but think 
about
   it for a minute: why should a company that overpaid for a service
   continue to dump significant amounts of cash into it (not to 
mention
   spend millions on copyright lawsuits) if it has no chance of 
creating
   a valuable revenue stream?
  
   Obviously Schmidt is doing all he can to allay shareholder fears 
over
   the YouTube debacle, but the very fact that he said anything 
about it
   is telling. And to make matters worse, Google's ad revenue on 
YouTube
   is so low, it's not even material to the financial statements. In
   other words, if Google is making anything with YouTube, it 
doesn't
   even matter.
  
   Let's face it -- the YouTube acquisition was a major blunder and
   

[videoblogging] Re: Should Google Kill Youtube?

2008-06-17 Thread Bill Cammack
Unfortunately, the way to deal with comments on YouTube is to turn
them off. :)  Unfortunately, as we've mentioned on this group several
times, a lot of the so-called hits on youtube are from people that
DON'T like the videos.  If a video gets featured, there are a lot of
hits from people that will click any image they see on the front page
of a web site, especially if there's an attractive female on that
thumbnail.  Some people show up specifically to be griefers, so the
only way around that is to have some system where the content creator
has to specifically approve people to comment on their videos, or turn
off commenting altogether.

Bill Cammack
http://billcammack.com

--- In videoblogging@yahoogroups.com, Heath [EMAIL PROTECTED] wrote:

 I think that is really one of the greatest failures of YouTube, how 
 to deal with all those really nasty comments.  I will be honest, I 
 can't for the life of me understand why more people don't do 
 something about it.  Some of the stuff left as comments are vile, 
 just vilemaybe it really is just a small percentage, but it 
 doesn't seem like it.
 
 Heath
 http://batmangeek.com
 http://heathparks.com
 
 --- In videoblogging@yahoogroups.com, Rupert rupert@ wrote:
 
  Great point.
  But I'm not sure they'd continue elsewhere - it hasn't happened so  
  far.  I think the only reason the haters are so prolific on 
 Youtube  
  is that it's so easy to comment.  There's just The Box under every  
  video.  You write your shit and press send.  You'd think that that  
  ease *should* translate into great community  discussion, but it  
  doesn't.  Make people do one more thing before they press send - 
 like  
  add their email or URL or a subject line, or have some kind of  
  traceable identity  profile - and it becomes too much effort to 
 slap  
  someone and run away.  That's my opinion.
  I have comments approval turned on by default on all my videos on  
  YouTube.  If anyone writes anything hateful, I block them AND mark  
  them as spammers AND report them.  They should all be hunted and 
 killed.
  
  
  On 16-Jun-08, at 3:28 PM, Clintus wrote:
  
  In one hand I would love for it to burn to the ground. I hate that  
  place.
  
  On the other hand though, the haters that have made a home for
  themselves there would need to seek a new place to spread their shit
  and that means into the truly great communities out there that are
  virtually hate free. That would be a sad day.
  
  So yeah, not sure where I stand on this. Great post though.
  
  --- In videoblogging@yahoogroups.com, Heath heathparks@ wrote:
   
Very instering article on cnet today
   
http://news.cnet.com/8301-13506_3-9968220-17.html?tag=cnetfd.mt
   
The big points are that Google overpaid for Youtube, (who didn't 
 know
that?) But the idea that they could actually dump it, because 
 they
can't figure out a way to make money off user generated video...I
think that is a real possibility. And I fear what that would mean
for all of the other video hosting sites if it happens.
   
Read below..
   
Do you remember the good ol' days of YouTube? Back when a private
company owned it and you could post and view whatever you wanted 
 up
there and no one would say a word because, well, it was 
 practically
bankrupt and copyright owners knew they wouldn't get anything 
 out of
a lawsuit? Those were the days, weren't they?
   
Now, after a $1.65 billion buyout by Google, YouTube is not only 
 a
veritable junkyard for all the crap we didn't watch a couple 
 years
ago, but a bloated mess that costs too much to operate, has a 
 huge
lawyer target on it, and barely incurs revenue.
   
And to make matters worse, Eric Schmidt, the CEO of Google, has 
 no
idea what to do about it.
   
Speaking to The New Yorker, Schmidt said that it seemed obvious
that Google should be able to generate significant amounts of 
 money
from YouTube, but so far, it has no idea what to do.
   
The goal for YouTube is to build a tremendous communityIn 
 the
case of YouTube we might be wrong, he said. We have enough 
 leverage
that we have the leverage of time. We can invest for scale and 
 not
have to make money right now, he said. Hopefully our system and
judgment is good enough if something is not going to pay out, we 
 can
change it.
   
But is changing it really the best idea? Since Google acquired
YouTube, the company has tried desperately to make something,
anything, from its $1.65 billion investment, but so far, it has
failed miserably. Of course, it thinks that 'pre- and post-roll'
advertisements may work, but the company isn't too sure.
   
And therein lies the rub. If Google is unsure of how it can turn 
 a
profit on YouTube and it still has no idea if it will be able to 
 get
a return on its investment, why shouldn't it cut its losses and 
 do
something drastically 

[videoblogging] Re: Should Google Kill Youtube?

2008-06-17 Thread Heath
But here is the interesting thing, at least for me, is that most 
people seem to be willing to take all the crap, just in the HOPES 
that their video does go viral.  It's like some kind of badge or 
something.  It's weird...

Heath
http://batmangeek.com
http://heathparks.com

--- In videoblogging@yahoogroups.com, Bill Cammack 
[EMAIL PROTECTED] wrote:

 Unfortunately, the way to deal with comments on YouTube is to turn
 them off. :)  Unfortunately, as we've mentioned on this group 
several
 times, a lot of the so-called hits on youtube are from people that
 DON'T like the videos.  If a video gets featured, there are a lot of
 hits from people that will click any image they see on the front 
page
 of a web site, especially if there's an attractive female on that
 thumbnail.  Some people show up specifically to be griefers, so the
 only way around that is to have some system where the content 
creator
 has to specifically approve people to comment on their videos, or 
turn
 off commenting altogether.
 
 Bill Cammack
 http://billcammack.com
 
 --- In videoblogging@yahoogroups.com, Heath heathparks@ wrote:
 
  I think that is really one of the greatest failures of YouTube, 
how 
  to deal with all those really nasty comments.  I will be honest, 
I 
  can't for the life of me understand why more people don't do 
  something about it.  Some of the stuff left as comments are vile, 
  just vilemaybe it really is just a small percentage, but it 
  doesn't seem like it.
  
  Heath
  http://batmangeek.com
  http://heathparks.com
  
  --- In videoblogging@yahoogroups.com, Rupert rupert@ wrote:
  
   Great point.
   But I'm not sure they'd continue elsewhere - it hasn't happened 
so  
   far.  I think the only reason the haters are so prolific on 
  Youtube  
   is that it's so easy to comment.  There's just The Box under 
every  
   video.  You write your shit and press send.  You'd think that 
that  
   ease *should* translate into great community  discussion, but 
it  
   doesn't.  Make people do one more thing before they press send -
 
  like  
   add their email or URL or a subject line, or have some kind of  
   traceable identity  profile - and it becomes too much effort 
to 
  slap  
   someone and run away.  That's my opinion.
   I have comments approval turned on by default on all my videos 
on  
   YouTube.  If anyone writes anything hateful, I block them AND 
mark  
   them as spammers AND report them.  They should all be hunted 
and 
  killed.
   
   
   On 16-Jun-08, at 3:28 PM, Clintus wrote:
   
   In one hand I would love for it to burn to the ground. I hate 
that  
   place.
   
   On the other hand though, the haters that have made a home for
   themselves there would need to seek a new place to spread their 
shit
   and that means into the truly great communities out there that 
are
   virtually hate free. That would be a sad day.
   
   So yeah, not sure where I stand on this. Great post though.
   
   --- In videoblogging@yahoogroups.com, Heath heathparks@ 
wrote:

 Very instering article on cnet today

 http://news.cnet.com/8301-13506_3-9968220-17.html?
tag=cnetfd.mt

 The big points are that Google overpaid for Youtube, (who 
didn't 
  know
 that?) But the idea that they could actually dump it, 
because 
  they
 can't figure out a way to make money off user generated 
video...I
 think that is a real possibility. And I fear what that would 
mean
 for all of the other video hosting sites if it happens.

 Read below..

 Do you remember the good ol' days of YouTube? Back when a 
private
 company owned it and you could post and view whatever you 
wanted 
  up
 there and no one would say a word because, well, it was 
  practically
 bankrupt and copyright owners knew they wouldn't get 
anything 
  out of
 a lawsuit? Those were the days, weren't they?

 Now, after a $1.65 billion buyout by Google, YouTube is not 
only 
  a
 veritable junkyard for all the crap we didn't watch a couple 
  years
 ago, but a bloated mess that costs too much to operate, has 
a 
  huge
 lawyer target on it, and barely incurs revenue.

 And to make matters worse, Eric Schmidt, the CEO of Google, 
has 
  no
 idea what to do about it.

 Speaking to The New Yorker, Schmidt said that it seemed 
obvious
 that Google should be able to generate significant amounts 
of 
  money
 from YouTube, but so far, it has no idea what to do.

 The goal for YouTube is to build a tremendous 
communityIn 
  the
 case of YouTube we might be wrong, he said. We have enough 
  leverage
 that we have the leverage of time. We can invest for scale 
and 
  not
 have to make money right now, he said. Hopefully our system 
and
 judgment is good enough if something is not going to pay 
out, we 
  can
 change it.

 But is changing it really the best idea? Since Google 
acquired
 YouTube, the 

[videoblogging] Re: Should Google Kill Youtube?

2008-06-16 Thread Heath
I think that yes, there are more users of online video than ever, I 
just wonder how many of those people though are really interested in 
user generated content, on a mass adoption level.  I mean let's face 
it, if Google can't figure out a way to make money off YouTube, then 
all the VC money with these other companies are going to dry up.  It 
will happen.  I think most of the people who are online watching 
video's want to see professional contentI hope I am wrong, but I 
fear that I'm not

Heath
http://batmangeek.com
http://heathparks.com

--- In videoblogging@yahoogroups.com, Roxanne Darling [EMAIL PROTECTED] 
wrote:

 Fascinating Heath - thank you for posting it.  It may be one of the
 harbingers of the bursting bubble of internet video.
 The main thing I see different between this bubble and the first 
bubble, is
 that back then, it was the creators who got the investors all 
excited about
 their ideas.  Now, it is the users who are driving demand.  There 
still is
 an absence of many sustainable finance models, but to me there is a 
huge
 difference between a few geeks with cool ideas and millions of 
users
 demanding their daily fix of video.  Think of the research value the
 political campaigns are getting from being to search all the old 
stuff
 (embarrassing speeches) that are steadily being posted online.
 
 Aloha,
 
 Rox
 
 
 On Mon, Jun 16, 2008 at 7:17 AM, Patrick Delongchamp 
[EMAIL PROTECTED]
 wrote:
 
Interesting indeed.
 
  I couldn't believe how badly they botched Google Video. They never
  should have had to buy Youtube in the first place.
 
  I'm surprised though that Youtube isn't bringing in much money.
 
 
  On Mon, Jun 16, 2008 at 11:32 AM, Heath 
[EMAIL PROTECTED]heathparks%40msn.com
  wrote:
   Very instering article on cnet today
  
   http://news.cnet.com/8301-13506_3-9968220-17.html?tag=cnetfd.mt
  
   The big points are that Google overpaid for Youtube, (who 
didn't know
   that?) But the idea that they could actually dump it, because 
they
   can't figure out a way to make money off user generated 
video...I
   think that is a real possibility. And I fear what that would 
mean
   for all of the other video hosting sites if it happens.
  
   Read below..
  
   Do you remember the good ol' days of YouTube? Back when a 
private
   company owned it and you could post and view whatever you 
wanted up
   there and no one would say a word because, well, it was 
practically
   bankrupt and copyright owners knew they wouldn't get anything 
out of
   a lawsuit? Those were the days, weren't they?
  
   Now, after a $1.65 billion buyout by Google, YouTube is not 
only a
   veritable junkyard for all the crap we didn't watch a couple 
years
   ago, but a bloated mess that costs too much to operate, has a 
huge
   lawyer target on it, and barely incurs revenue.
  
   And to make matters worse, Eric Schmidt, the CEO of Google, has 
no
   idea what to do about it.
  
   Speaking to The New Yorker, Schmidt said that it seemed 
obvious
   that Google should be able to generate significant amounts of 
money
   from YouTube, but so far, it has no idea what to do.
  
   The goal for YouTube is to build a tremendous communityIn 
the
   case of YouTube we might be wrong, he said. We have enough 
leverage
   that we have the leverage of time. We can invest for scale and 
not
   have to make money right now, he said. Hopefully our system and
   judgment is good enough if something is not going to pay out, 
we can
   change it.
  
   But is changing it really the best idea? Since Google acquired
   YouTube, the company has tried desperately to make something,
   anything, from its $1.65 billion investment, but so far, it has
   failed miserably. Of course, it thinks that 'pre- and post-roll'
   advertisements may work, but the company isn't too sure.
  
   And therein lies the rub. If Google is unsure of how it can 
turn a
   profit on YouTube and it still has no idea if it will be able 
to get
   a return on its investment, why shouldn't it cut its losses and 
do
   something drastically different?
  
   Now I know that you're probably thinking that I've lost it and 
my
   editor overlords will finally put me out to pasture, but think 
about
   it for a minute: why should a company that overpaid for a 
service
   continue to dump significant amounts of cash into it (not to 
mention
   spend millions on copyright lawsuits) if it has no chance of 
creating
   a valuable revenue stream?
  
   Obviously Schmidt is doing all he can to allay shareholder 
fears over
   the YouTube debacle, but the very fact that he said anything 
about it
   is telling. And to make matters worse, Google's ad revenue on 
YouTube
   is so low, it's not even material to the financial statements. 
In
   other words, if Google is making anything with YouTube, it 
doesn't
   even matter.
  
   Let's face it -- the YouTube acquisition was a major blunder and
   regardless of how successful the company is in 

Re: [videoblogging] Re: Should Google Kill Youtube?

2008-06-16 Thread Sull
People want:

- Professional content
- Viral content
- Important content

Most user-gen content does not fit within these constructs.
At least not on a consistent basis.
And most people should not care. The Audience of 10.
If you do care about how large of an audience you have and you do want to
try and monetize, then you will need to output professional and/or important
content.  You'll have to fill in the blanks here.

sull


On Mon, Jun 16, 2008 at 4:26 PM, Heath [EMAIL PROTECTED] wrote:

   I think that yes, there are more users of online video than ever, I
 just wonder how many of those people though are really interested in
 user generated content, on a mass adoption level. I mean let's face
 it, if Google can't figure out a way to make money off YouTube, then
 all the VC money with these other companies are going to dry up. It
 will happen. I think most of the people who are online watching
 video's want to see professional contentI hope I am wrong, but I
 fear that I'm not


 Heath
 http://batmangeek.com
 http://heathparks.com

 --- In videoblogging@yahoogroups.com videoblogging%40yahoogroups.com,
 Roxanne Darling [EMAIL PROTECTED]
 wrote:
 
  Fascinating Heath - thank you for posting it. It may be one of the
  harbingers of the bursting bubble of internet video.
  The main thing I see different between this bubble and the first
 bubble, is
  that back then, it was the creators who got the investors all
 excited about
  their ideas. Now, it is the users who are driving demand. There
 still is
  an absence of many sustainable finance models, but to me there is a
 huge
  difference between a few geeks with cool ideas and millions of
 users
  demanding their daily fix of video. Think of the research value the
  political campaigns are getting from being to search all the old
 stuff
  (embarrassing speeches) that are steadily being posted online.
 
  Aloha,
 
  Rox
 
 
  On Mon, Jun 16, 2008 at 7:17 AM, Patrick Delongchamp
 [EMAIL PROTECTED]
  wrote:
 
   Interesting indeed.
  
   I couldn't believe how badly they botched Google Video. They never
   should have had to buy Youtube in the first place.
  
   I'm surprised though that Youtube isn't bringing in much money.
  
  
   On Mon, Jun 16, 2008 at 11:32 AM, Heath
 [EMAIL PROTECTED]heathparks%40msn.com

   wrote:
Very instering article on cnet today
   
http://news.cnet.com/8301-13506_3-9968220-17.html?tag=cnetfd.mt
   
The big points are that Google overpaid for Youtube, (who
 didn't know
that?) But the idea that they could actually dump it, because
 they
can't figure out a way to make money off user generated
 video...I
think that is a real possibility. And I fear what that would
 mean
for all of the other video hosting sites if it happens.
   
Read below..
   
Do you remember the good ol' days of YouTube? Back when a
 private
company owned it and you could post and view whatever you
 wanted up
there and no one would say a word because, well, it was
 practically
bankrupt and copyright owners knew they wouldn't get anything
 out of
a lawsuit? Those were the days, weren't they?
   
Now, after a $1.65 billion buyout by Google, YouTube is not
 only a
veritable junkyard for all the crap we didn't watch a couple
 years
ago, but a bloated mess that costs too much to operate, has a
 huge
lawyer target on it, and barely incurs revenue.
   
And to make matters worse, Eric Schmidt, the CEO of Google, has
 no
idea what to do about it.
   
Speaking to The New Yorker, Schmidt said that it seemed
 obvious
that Google should be able to generate significant amounts of
 money
from YouTube, but so far, it has no idea what to do.
   
The goal for YouTube is to build a tremendous communityIn
 the
case of YouTube we might be wrong, he said. We have enough
 leverage
that we have the leverage of time. We can invest for scale and
 not
have to make money right now, he said. Hopefully our system and
judgment is good enough if something is not going to pay out,
 we can
change it.
   
But is changing it really the best idea? Since Google acquired
YouTube, the company has tried desperately to make something,
anything, from its $1.65 billion investment, but so far, it has
failed miserably. Of course, it thinks that 'pre- and post-roll'
advertisements may work, but the company isn't too sure.
   
And therein lies the rub. If Google is unsure of how it can
 turn a
profit on YouTube and it still has no idea if it will be able
 to get
a return on its investment, why shouldn't it cut its losses and
 do
something drastically different?
   
Now I know that you're probably thinking that I've lost it and
 my
editor overlords will finally put me out to pasture, but think
 about
it for a minute: why should a company that overpaid for a
 service
continue to dump significant amounts of cash into it (not to
 mention
   

Re: [videoblogging] Re: Should Google Kill Youtube?

2008-06-16 Thread Rupert
Time to make sure you still have your own copies of all the videos  
you've uploaded to sharing sites.
I still can't get past YouTube's quality. I don't mean content  
quality - I mean Basic Picture Quality.  I mean COME ON.  It's three  
years since they officially launched and they *still* can't raise the  
quality of their Flash codec?  What seemed a smart move to begin with  
- allowing maximum viewership with no requirements to upgrade Flash  
Player - has turned into a tired-looking mess.
Apart from being unattractive to content producers, who the hell is  
going to want to spend millions of dollars putting their beautifully  
made adverts on something so shitty?
Rupert
http://twittervlog.tv/

On 16-Jun-08, at 1:36 PM, Sull wrote:

People want:

- Professional content
- Viral content
- Important content

Most user-gen content does not fit within these constructs.
At least not on a consistent basis.
And most people should not care. The Audience of 10.
If you do care about how large of an audience you have and you do  
want to
try and monetize, then you will need to output professional and/or  
important
content. You'll have to fill in the blanks here.

sull

On Mon, Jun 16, 2008 at 4:26 PM, Heath [EMAIL PROTECTED] wrote:

  I think that yes, there are more users of online video than ever, I
  just wonder how many of those people though are really interested in
  user generated content, on a mass adoption level. I mean let's face
  it, if Google can't figure out a way to make money off YouTube, then
  all the VC money with these other companies are going to dry up. It
  will happen. I think most of the people who are online watching
  video's want to see professional contentI hope I am wrong, but I
  fear that I'm not
 
 
  Heath
  http://batmangeek.com
  http://heathparks.com
 
  --- In videoblogging@yahoogroups.com videoblogging% 
40yahoogroups.com,
  Roxanne Darling [EMAIL PROTECTED]
  wrote:
  
   Fascinating Heath - thank you for posting it. It may be one of the
   harbingers of the bursting bubble of internet video.
   The main thing I see different between this bubble and the first
  bubble, is
   that back then, it was the creators who got the investors all
  excited about
   their ideas. Now, it is the users who are driving demand. There
  still is
   an absence of many sustainable finance models, but to me there is a
  huge
   difference between a few geeks with cool ideas and millions of
  users
   demanding their daily fix of video. Think of the research value the
   political campaigns are getting from being to search all the old
  stuff
   (embarrassing speeches) that are steadily being posted online.
  
   Aloha,
  
   Rox
  
  
   On Mon, Jun 16, 2008 at 7:17 AM, Patrick Delongchamp
  [EMAIL PROTECTED]
   wrote:
  
Interesting indeed.
   
I couldn't believe how badly they botched Google Video. They  
never
should have had to buy Youtube in the first place.
   
I'm surprised though that Youtube isn't bringing in much money.
   
   
On Mon, Jun 16, 2008 at 11:32 AM, Heath
  [EMAIL PROTECTED]heathparks%40msn.com
 
wrote:
 Very instering article on cnet today

 http://news.cnet.com/8301-13506_3-9968220-17.html?tag=cnetfd.mt

 The big points are that Google overpaid for Youtube, (who
  didn't know
 that?) But the idea that they could actually dump it, because
  they
 can't figure out a way to make money off user generated
  video...I
 think that is a real possibility. And I fear what that would
  mean
 for all of the other video hosting sites if it happens.

 Read below..

 Do you remember the good ol' days of YouTube? Back when a
  private
 company owned it and you could post and view whatever you
  wanted up
 there and no one would say a word because, well, it was
  practically
 bankrupt and copyright owners knew they wouldn't get anything
  out of
 a lawsuit? Those were the days, weren't they?

 Now, after a $1.65 billion buyout by Google, YouTube is not
  only a
 veritable junkyard for all the crap we didn't watch a couple
  years
 ago, but a bloated mess that costs too much to operate, has a
  huge
 lawyer target on it, and barely incurs revenue.

 And to make matters worse, Eric Schmidt, the CEO of Google, has
  no
 idea what to do about it.

 Speaking to The New Yorker, Schmidt said that it seemed
  obvious
 that Google should be able to generate significant amounts of
  money
 from YouTube, but so far, it has no idea what to do.

 The goal for YouTube is to build a tremendous communityIn
  the
 case of YouTube we might be wrong, he said. We have enough
  leverage
 that we have the leverage of time. We can invest for scale and
  not
 have to make money right now, he said. Hopefully our system and
 judgment is good enough if something is not going to pay out,
  we can
 change it.

 But is changing it 

[videoblogging] Re: Should Google Kill Youtube?

2008-06-16 Thread Clintus
In one hand I would love for it to burn to the ground. I hate that place.

On the other hand though, the haters that have made a home for
themselves there would need to seek a new place to spread their shit
and that means into the truly great communities out there that are
virtually hate free. That would be a sad day.

So yeah, not sure where I stand on this. Great post though.


--- In videoblogging@yahoogroups.com, Heath [EMAIL PROTECTED] wrote:

 Very instering article on cnet today
 
 http://news.cnet.com/8301-13506_3-9968220-17.html?tag=cnetfd.mt
 
 The big points are that Google overpaid for Youtube, (who didn't know 
 that?) But the idea that they could actually dump it, because they 
 can't figure out a way to make money off user generated video...I 
 think that is a real possibility.  And I fear what that would mean 
 for all of the other video hosting sites if it happens.
 
 Read below..
 
 Do you remember the good ol' days of YouTube? Back when a private 
 company owned it and you could post and view whatever you wanted up 
 there and no one would say a word because, well, it was practically 
 bankrupt and copyright owners knew they wouldn't get anything out of 
 a lawsuit? Those were the days, weren't they?
 
 Now, after a $1.65 billion buyout by Google, YouTube is not only a 
 veritable junkyard for all the crap we didn't watch a couple years 
 ago, but a bloated mess that costs too much to operate, has a huge 
 lawyer target on it, and barely incurs revenue.
 
 And to make matters worse, Eric Schmidt, the CEO of Google, has no 
 idea what to do about it.
 
 Speaking to The New Yorker, Schmidt said that it seemed obvious 
 that Google should be able to generate significant amounts of money 
 from YouTube, but so far, it has no idea what to do.
 
 The goal for YouTube is to build a tremendous communityIn the 
 case of YouTube we might be wrong, he said. We have enough leverage 
 that we have the leverage of time. We can invest for scale and not 
 have to make money right now, he said. Hopefully our system and 
 judgment is good enough if something is not going to pay out, we can 
 change it. 
 
 But is changing it really the best idea? Since Google acquired 
 YouTube, the company has tried desperately to make something, 
 anything, from its $1.65 billion investment, but so far, it has 
 failed miserably. Of course, it thinks that 'pre- and post-roll' 
 advertisements may work, but the company isn't too sure.
 
 And therein lies the rub. If Google is unsure of how it can turn a 
 profit on YouTube and it still has no idea if it will be able to get 
 a return on its investment, why shouldn't it cut its losses and do 
 something drastically different?
 
 Now I know that you're probably thinking that I've lost it and my 
 editor overlords will finally put me out to pasture, but think about 
 it for a minute: why should a company that overpaid for a service 
 continue to dump significant amounts of cash into it (not to mention 
 spend millions on copyright lawsuits) if it has no chance of creating 
 a valuable revenue stream?
 
 Obviously Schmidt is doing all he can to allay shareholder fears over 
 the YouTube debacle, but the very fact that he said anything about it 
 is telling. And to make matters worse, Google's ad revenue on YouTube 
 is so low, it's not even material to the financial statements. In 
 other words, if Google is making anything with YouTube, it doesn't 
 even matter.
 
 Let's face it -- the YouTube acquisition was a major blunder and 
 regardless of how successful the company is in other areas, there's 
 no reason to suggest advertisers are willing and ready to place ads 
 on videos of 18-year olds shooting milk out their nose or 80-year old 
 men mooning a parade.
 
 As far as I can tell, much of the online advertising money is going 
 to sites like Hulu where the content is controlled, the shows are 
 regulated, and the demographics of the audience are easily obtained.
 
 How does YouTube and its content compare? The audience is huge, but 
 it's filled with a diverse set of people who generally view a select 
 few of the more popular videos; the videos are barely regulated; and 
 the content isn't controlled in the least. Why should any advertiser 
 want to send cash to a service like that?
 
 Now I understand that Google wants to be a major part of the boom in 
 online video advertising and I can't blame the company for it. But 
 doesn't it understand the average company that's trying to make 
 people want a given product? It's as if Google believes that sheer 
 popularity is the only factor that advertisers use before they start 
 throwing cash around.
 
 But what about perception or target audience? Did Google forget about 
 hitting the right market segment or putting ads in the right place at 
 the right time?
 
 Now, I should note that this doesn't mean that YouTube won't find 
 itself advertisers. Certainly there are companies that would be more 
 than happy to 

Re: [videoblogging] Re: Should Google Kill Youtube?

2008-06-16 Thread Rupert
Great point.
But I'm not sure they'd continue elsewhere - it hasn't happened so  
far.  I think the only reason the haters are so prolific on Youtube  
is that it's so easy to comment.  There's just The Box under every  
video.  You write your shit and press send.  You'd think that that  
ease *should* translate into great community  discussion, but it  
doesn't.  Make people do one more thing before they press send - like  
add their email or URL or a subject line, or have some kind of  
traceable identity  profile - and it becomes too much effort to slap  
someone and run away.  That's my opinion.
I have comments approval turned on by default on all my videos on  
YouTube.  If anyone writes anything hateful, I block them AND mark  
them as spammers AND report them.  They should all be hunted and killed.


On 16-Jun-08, at 3:28 PM, Clintus wrote:

In one hand I would love for it to burn to the ground. I hate that  
place.

On the other hand though, the haters that have made a home for
themselves there would need to seek a new place to spread their shit
and that means into the truly great communities out there that are
virtually hate free. That would be a sad day.

So yeah, not sure where I stand on this. Great post though.

--- In videoblogging@yahoogroups.com, Heath [EMAIL PROTECTED] wrote:
 
  Very instering article on cnet today
 
  http://news.cnet.com/8301-13506_3-9968220-17.html?tag=cnetfd.mt
 
  The big points are that Google overpaid for Youtube, (who didn't know
  that?) But the idea that they could actually dump it, because they
  can't figure out a way to make money off user generated video...I
  think that is a real possibility. And I fear what that would mean
  for all of the other video hosting sites if it happens.
 
  Read below..
 
  Do you remember the good ol' days of YouTube? Back when a private
  company owned it and you could post and view whatever you wanted up
  there and no one would say a word because, well, it was practically
  bankrupt and copyright owners knew they wouldn't get anything out of
  a lawsuit? Those were the days, weren't they?
 
  Now, after a $1.65 billion buyout by Google, YouTube is not only a
  veritable junkyard for all the crap we didn't watch a couple years
  ago, but a bloated mess that costs too much to operate, has a huge
  lawyer target on it, and barely incurs revenue.
 
  And to make matters worse, Eric Schmidt, the CEO of Google, has no
  idea what to do about it.
 
  Speaking to The New Yorker, Schmidt said that it seemed obvious
  that Google should be able to generate significant amounts of money
  from YouTube, but so far, it has no idea what to do.
 
  The goal for YouTube is to build a tremendous communityIn the
  case of YouTube we might be wrong, he said. We have enough leverage
  that we have the leverage of time. We can invest for scale and not
  have to make money right now, he said. Hopefully our system and
  judgment is good enough if something is not going to pay out, we can
  change it.
 
  But is changing it really the best idea? Since Google acquired
  YouTube, the company has tried desperately to make something,
  anything, from its $1.65 billion investment, but so far, it has
  failed miserably. Of course, it thinks that 'pre- and post-roll'
  advertisements may work, but the company isn't too sure.
 
  And therein lies the rub. If Google is unsure of how it can turn a
  profit on YouTube and it still has no idea if it will be able to get
  a return on its investment, why shouldn't it cut its losses and do
  something drastically different?
 
  Now I know that you're probably thinking that I've lost it and my
  editor overlords will finally put me out to pasture, but think about
  it for a minute: why should a company that overpaid for a service
  continue to dump significant amounts of cash into it (not to mention
  spend millions on copyright lawsuits) if it has no chance of creating
  a valuable revenue stream?
 
  Obviously Schmidt is doing all he can to allay shareholder fears over
  the YouTube debacle, but the very fact that he said anything about it
  is telling. And to make matters worse, Google's ad revenue on YouTube
  is so low, it's not even material to the financial statements. In
  other words, if Google is making anything with YouTube, it doesn't
  even matter.
 
  Let's face it -- the YouTube acquisition was a major blunder and
  regardless of how successful the company is in other areas, there's
  no reason to suggest advertisers are willing and ready to place ads
  on videos of 18-year olds shooting milk out their nose or 80-year old
  men mooning a parade.
 
  As far as I can tell, much of the online advertising money is going
  to sites like Hulu where the content is controlled, the shows are
  regulated, and the demographics of the audience are easily obtained.
 
  How does YouTube and its content compare? The audience is huge, but
  it's filled with a diverse set of people who generally view a select
  

Re: [videoblogging] Re: Should Google Kill Youtube?

2008-06-16 Thread Roxanne Darling
For sure Beach Walks is an oddity but we actually get nice comments on YT.
Only rarely do we get spammy ones, and I do the same thing Rupert does with
no feelings of guilt whatsoever.  There are so many uses of YT now -
incredible archives there - enter any topic and you will find videos about
it (try surgery...)
And there are also many smart and caring users there too. We all share the
same space with each other in theory but actually there are lots of
sub-communities happening that could be more discoverable  and useful
potentially.

That's the 2 cents department.

Rox

On Mon, Jun 16, 2008 at 1:17 PM, Rupert [EMAIL PROTECTED] wrote:

   Great point.
 But I'm not sure they'd continue elsewhere - it hasn't happened so
 far. I think the only reason the haters are so prolific on Youtube
 is that it's so easy to comment. There's just The Box under every
 video. You write your shit and press send. You'd think that that
 ease *should* translate into great community  discussion, but it
 doesn't. Make people do one more thing before they press send - like
 add their email or URL or a subject line, or have some kind of
 traceable identity  profile - and it becomes too much effort to slap
 someone and run away. That's my opinion.
 I have comments approval turned on by default on all my videos on
 YouTube. If anyone writes anything hateful, I block them AND mark
 them as spammers AND report them. They should all be hunted and killed.

 On 16-Jun-08, at 3:28 PM, Clintus wrote:

 In one hand I would love for it to burn to the ground. I hate that
 place.

 On the other hand though, the haters that have made a home for
 themselves there would need to seek a new place to spread their shit
 and that means into the truly great communities out there that are
 virtually hate free. That would be a sad day.

 So yeah, not sure where I stand on this. Great post though.

 --- In videoblogging@yahoogroups.com videoblogging%40yahoogroups.com,
 Heath [EMAIL PROTECTED] wrote:
 
  Very instering article on cnet today
 
  http://news.cnet.com/8301-13506_3-9968220-17.html?tag=cnetfd.mt
 
  The big points are that Google overpaid for Youtube, (who didn't know
  that?) But the idea that they could actually dump it, because they
  can't figure out a way to make money off user generated video...I
  think that is a real possibility. And I fear what that would mean
  for all of the other video hosting sites if it happens.
 
  Read below..
 
  Do you remember the good ol' days of YouTube? Back when a private
  company owned it and you could post and view whatever you wanted up
  there and no one would say a word because, well, it was practically
  bankrupt and copyright owners knew they wouldn't get anything out of
  a lawsuit? Those were the days, weren't they?
 
  Now, after a $1.65 billion buyout by Google, YouTube is not only a
  veritable junkyard for all the crap we didn't watch a couple years
  ago, but a bloated mess that costs too much to operate, has a huge
  lawyer target on it, and barely incurs revenue.
 
  And to make matters worse, Eric Schmidt, the CEO of Google, has no
  idea what to do about it.
 
  Speaking to The New Yorker, Schmidt said that it seemed obvious
  that Google should be able to generate significant amounts of money
  from YouTube, but so far, it has no idea what to do.
 
  The goal for YouTube is to build a tremendous communityIn the
  case of YouTube we might be wrong, he said. We have enough leverage
  that we have the leverage of time. We can invest for scale and not
  have to make money right now, he said. Hopefully our system and
  judgment is good enough if something is not going to pay out, we can
  change it.
 
  But is changing it really the best idea? Since Google acquired
  YouTube, the company has tried desperately to make something,
  anything, from its $1.65 billion investment, but so far, it has
  failed miserably. Of course, it thinks that 'pre- and post-roll'
  advertisements may work, but the company isn't too sure.
 
  And therein lies the rub. If Google is unsure of how it can turn a
  profit on YouTube and it still has no idea if it will be able to get
  a return on its investment, why shouldn't it cut its losses and do
  something drastically different?
 
  Now I know that you're probably thinking that I've lost it and my
  editor overlords will finally put me out to pasture, but think about
  it for a minute: why should a company that overpaid for a service
  continue to dump significant amounts of cash into it (not to mention
  spend millions on copyright lawsuits) if it has no chance of creating
  a valuable revenue stream?
 
  Obviously Schmidt is doing all he can to allay shareholder fears over
  the YouTube debacle, but the very fact that he said anything about it
  is telling. And to make matters worse, Google's ad revenue on YouTube
  is so low, it's not even material to the financial statements. In
  other words, if Google is making anything with YouTube, it doesn't
  even 

Re: [videoblogging] Re: Should Google Kill Youtube?

2008-06-16 Thread Rupert
I'm glad my comment about hunting and killing people was followed up  
by Rox.
I feel better now.

On 16-Jun-08, at 6:15 PM, Roxanne Darling wrote:

For sure Beach Walks is an oddity but we actually get nice comments  
on YT.
Only rarely do we get spammy ones, and I do the same thing Rupert  
does with
no feelings of guilt whatsoever. There are so many uses of YT now -
incredible archives there - enter any topic and you will find videos  
about
it (try surgery...)
And there are also many smart and caring users there too. We all  
share the
same space with each other in theory but actually there are lots of
sub-communities happening that could be more discoverable and useful
potentially.

That's the 2 cents department.

Rox

On Mon, Jun 16, 2008 at 1:17 PM, Rupert [EMAIL PROTECTED]  
wrote:

  Great point.
  But I'm not sure they'd continue elsewhere - it hasn't happened so
  far. I think the only reason the haters are so prolific on Youtube
  is that it's so easy to comment. There's just The Box under every
  video. You write your shit and press send. You'd think that that
  ease *should* translate into great community  discussion, but it
  doesn't. Make people do one more thing before they press send - like
  add their email or URL or a subject line, or have some kind of
  traceable identity  profile - and it becomes too much effort to slap
  someone and run away. That's my opinion.
  I have comments approval turned on by default on all my videos on
  YouTube. If anyone writes anything hateful, I block them AND mark
  them as spammers AND report them. They should all be hunted and  
killed.
 
  On 16-Jun-08, at 3:28 PM, Clintus wrote:
 
  In one hand I would love for it to burn to the ground. I hate that
  place.
 
  On the other hand though, the haters that have made a home for
  themselves there would need to seek a new place to spread their shit
  and that means into the truly great communities out there that are
  virtually hate free. That would be a sad day.
 
  So yeah, not sure where I stand on this. Great post though.
 
  --- In videoblogging@yahoogroups.com videoblogging% 
40yahoogroups.com,
  Heath [EMAIL PROTECTED] wrote:
  
   Very instering article on cnet today
  
   http://news.cnet.com/8301-13506_3-9968220-17.html?tag=cnetfd.mt
  
   The big points are that Google overpaid for Youtube, (who didn't  
know
   that?) But the idea that they could actually dump it, because they
   can't figure out a way to make money off user generated video...I
   think that is a real possibility. And I fear what that would mean
   for all of the other video hosting sites if it happens.
  
   Read below..
  
   Do you remember the good ol' days of YouTube? Back when a private
   company owned it and you could post and view whatever you wanted up
   there and no one would say a word because, well, it was practically
   bankrupt and copyright owners knew they wouldn't get anything  
out of
   a lawsuit? Those were the days, weren't they?
  
   Now, after a $1.65 billion buyout by Google, YouTube is not only a
   veritable junkyard for all the crap we didn't watch a couple years
   ago, but a bloated mess that costs too much to operate, has a huge
   lawyer target on it, and barely incurs revenue.
  
   And to make matters worse, Eric Schmidt, the CEO of Google, has no
   idea what to do about it.
  
   Speaking to The New Yorker, Schmidt said that it seemed obvious
   that Google should be able to generate significant amounts of  
money
   from YouTube, but so far, it has no idea what to do.
  
   The goal for YouTube is to build a tremendous communityIn the
   case of YouTube we might be wrong, he said. We have enough  
leverage
   that we have the leverage of time. We can invest for scale and not
   have to make money right now, he said. Hopefully our system and
   judgment is good enough if something is not going to pay out, we  
can
   change it.
  
   But is changing it really the best idea? Since Google acquired
   YouTube, the company has tried desperately to make something,
   anything, from its $1.65 billion investment, but so far, it has
   failed miserably. Of course, it thinks that 'pre- and post-roll'
   advertisements may work, but the company isn't too sure.
  
   And therein lies the rub. If Google is unsure of how it can turn a
   profit on YouTube and it still has no idea if it will be able to  
get
   a return on its investment, why shouldn't it cut its losses and do
   something drastically different?
  
   Now I know that you're probably thinking that I've lost it and my
   editor overlords will finally put me out to pasture, but think  
about
   it for a minute: why should a company that overpaid for a service
   continue to dump significant amounts of cash into it (not to  
mention
   spend millions on copyright lawsuits) if it has no chance of  
creating
   a valuable revenue stream?
  
   Obviously Schmidt is doing all he can to allay shareholder fears  
over
   the YouTube debacle,