Google Panics and KILLS YouTube to Appease Mainstream Media and Corporate Advertisers
Companies / Google Apr 25, 2017 - 09:33 AM GMTMarch's advertisers revolt that saw the mainstream media and corporations apparently suddenly woke up to the fact that some of their ads were appearing against extremist videos, threatened to pull their ads from Google the owner of Youtube, has literally sent the Tek giant into a panic. A case of slash and burning Youtube of ad placements on every topic that could potentially be perceived as not being advertiser friendly, and this is not just the usual suspects of guns, violence and border line criminality, but comedy, satire, reviews, politics, even finance amongst many other topics are taking a major hit as google pulls their ad revenue plug resulting in many channels seeing more than 99% of their earnings disappear over night, all to placate the advertisers.
Google has effectively decided to KILL YOUTUBE, turn it into an wholly advertiser friendly platform where there is no criticisms or review or political discourse or commentary, nothing controversial, no bad news. for instance where Tesco were never investigated for fraud or the BP oil spill never happened, no bad news reporting! A totalitarian youtube full of just puppies, kittens and mind numbing celeb vids , and lots of happy commercials for advertisers to flog their tripe on.
Of course creators can and many will still continue to publish videos on Youtube, it's just that they are unlikely to get paid even 1% of the costs for producing the content for youtube to generate its traffic and ad revenues from. Which means that the quality of material published instead of continuing to improve, instead will steadily decline along with Youtube. So whilst it is inconceivable for most to imagine today but YouTube does appear destined to go the same way of other past dead tek dinosaurs, the likes of Myspace, Geocities and Flooz.com
In the meantime the mainstream press has won a major victory in their fight back against alternative media after the disaster of 2016 which had the mainstream on the ropes. The mainstream broadcast media wants it's biggest competitor Youtube to DIE and now they have found a means to bring about its ultimate demise through killing off the revenue funding for all of the YT channels that they have been losing market share to for the past decade.
So whilst I will continue to pump out videos for the Market Oracle YT channel. However viewers should understand that there is no monetary incentive to do so. Youtube is literally devolving towards it's beginnings when amateurs ruled the day with pranks, cats and puppies videos.
As for those who are thinking about starting their own youtube channel, understand this you WILL NOT MAKE ANY MONEY FROM IT! So do it if you want to have fun, but it will NEVER turn into an income stream, which you will perhaps realise after a year or 2.
And here are my two most recent YT videos which so far have collectively generated 10 cents in ad revenue. You have laugh ! :)
By Nadeem Walayat
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Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk
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