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48
The End of LBRY Inc. (odysee.com)
posted 2 years ago by smokeypanda 2 years ago by smokeypanda +48 / -0
The End of LBRY Inc.
View The End of LBRY Inc. on Odysee
odysee.com
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▲ 14 ▼
– ItsOkayToBeWight 14 points 2 years ago +14 / -0

Video streaming sites are not financially viable. Youtube, Twitch, etc are run at a loss for the sake of getting market share and suffocating competitors. Funding an entire industry for over a decade at a loss is not done for the sake of philanthropy.

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▲ 9 ▼
– smokeypanda [S] 9 points 2 years ago +9 / -0

It still stings that this was due to regulatory interference, and odysee didn't get a fair shake. Rumble might eventually pull a profit, but it's far less preferable than the former.

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▲ 4 ▼
– dagthegnome 4 points 2 years ago +4 / -0

I certainly prefer Odysee's UI to Rumble, but almost certainly what happens now will be that some hedge fund or shadowy globalist consortium will buy it and they'll wear its free speech credentials like a second skin until election season hits and they drop the hammer.

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▲ 3 ▼
– ItsOkayToBeWight 3 points 2 years ago +3 / -0

I say they're not profitable, but that may have changed in recent years as tech has gotten better. However, the amount of marketshare entrenching still makes it hard for upstarts to compete since the users and content are significantly more important than the tech and infrastructure, which can only be marginally improved upon.

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