With all the talk about monetizing music, YouTube may be an indicator that the concept is not worthwhile.From Chris Nuttall, Financial Times Blog:
There was a palpable atmosphere of dissatisfaction with YouTube this week at an online video conference where it should have been the star of the show.
An interview with Steve Chen, co-founder, at NewTeeVee Live was preceded by panels where YouTube’s business model and popularity were questioned.
“The lack of monetisation on YouTube today is astounding,” said Dennis Miller of venture capital firm Spark Capital.
“You’ve got the single best monetising machine that can’t figure out how to monetise all those eyeballs. There’s some paltry number out there for the millions of streams they serve.”
Mary Hodder, the founder of video search engine Dabble, said there was now enormous fragmentation of the market with a proliferation of online video sites.
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