The End of LBRY Inc.
(odysee.com)
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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.
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.
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.