Sunday, October 16, 2016

The YouTube Monopoly Coming To Its End? - MPD Professional Blog

In this day and age, if someone wants the answer to something and no one around knows the answer outright, they’re often told to “Google it.” Google is a website. It’s a search engine. It is a “tangible” thing, and a brand. However, its dominance has secured it such an ingrained spot in our society that it’s also become something else entirely – a verb. Despite that, however, Google doesn’t hold a monopoly as a search engine. There’s Bing, Yahoo!, and a slew of others. Unfortunately, there is website out there that provides a very useful service, but is so dominant as to nearly possess that kind of monopoly – YouTube.

Obviously YouTube does have competitors. However, at this point bothering to call them competitors might as well be a punch-line. Perhaps the most well known of these competitors, Dailymotion, just can’t compete, given its technical limitations, mere 100 million monthly audience, and lacking many of YouTube’s more convenient features (freemake, 2013). Other services, such as Vimeo or Veoh, are at their most convenient if you have money or are designed more for studio content and content that has considerable production value (Taty, 2010).

The point is that YouTube’s competitors are so minor or so terribly specific in what they’re offering, that they’re not truly worth mention for anyone seeking to get into creating internet content professionally and is just starting out. For all intents and purposes, YouTube does have a monopoly. Perhaps the title of the site prevents it from taking on the same verb-status as Google, but it’s become so ingrained in the culture as to be viewed in a similar fashion. And that creates problems. Over the past few years, and in fact in recent months, YouTube has been running into problems revolving around copyright and fair use laws, censorship, and poor community practices like the infamous YouTube Heroes campaign. These are becoming major issues with movements starting like WTFU (Where’s The Fair Use), and YouTube personalities like Philip DeFranco talking about the YouTube Heroes campaign. DeFranco even had to deal with this potential censorship issue, himself, but did, of course, deal with the situation in a classy, levelheaded way. Unfortunately, as YouTube has a monopoly, there’s very little that many of these people can do to defend themselves against problems like this. Luckily, there may be something new on the horizon.

What began primarily as a video game streaming website, Twitch has become something of a major force in entertainment. In fact, in 2014, Amazon bought it in a billion dollar deal. Its audience continues to grow exponentially, as well. As of that deal, it had an audience of roughly 55 million unique viewers per month (Wingfield, 2014). That’s over half of the 100 million total monthly audience it’d been pulling one year prior, in 2013 (freemake, 2013). That number, meanwhile, continues to grow. New features have been added to the site, including the ability to upload pre-recorded videos. The interface is likewise simple, many of its features are shared by YouTube, and many people do make a living on it, as many do with YouTube.  The only thing holding it back now is that monetization is restricted to Twitch partners. However, that’s hardly a true deterrent. If one can build the audience with Twitch, which is becoming more and more possible, with modern resources and a significant amount of hustle, they could go far.


Twitch is a considerable rising competitor for content creators to be aware of, and not just gamers. Many artists stream with it as well. Musicians hold streams, and some people who are actual “YouTubers” actually do prefer using Twitch’s streaming service over YouTube’s own. It could soon prove another majorly viable medium for creators to publish their work and really build a sense of community, while making a living in very much the same way many have with YouTube. The YouTube monopoly may just be coming to its end.




References

7 Free Video Sharing Sites to Watch & Upload Videos. (2013). In FreeMake. Retrieved October 16, 2016, from http://www.freemake.com/blog/top-7-free-video-sharing-sites/

Taty, . (2010, February 5). 12 Video Sites That Are Better Than YouTube. In Make Use Of. Retrieved from http://www.makeuseof.com/tag/top-12-sites-watch-videos-youtube/

Wingfield, N. (2014, August 25). What’s Twitch? Gamers Know, and Amazon Is Spending $1 Billion on It. In New York Times. Retrieved from http://www.nytimes.com/2014/08/26/technology/amazon-nears-a-deal-for-twitch.html?_r=0

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