Recent Blog Posts
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MSNBC.com "Knows a Trend When It Sees One"
Nov 23 20094:11 pm EDT -
Windows 7 Spin May Be on the Money
Nov 23 20098:44 am EDT -
Mapping Company Raises Millions
Nov 20 20094:09 pm EDT -
Facebook Valuations Are All Over the Map
Nov 20 200911:30 am EDT -
The Future of Tech, 2010 Edition
Nov 20 20099:13 am EDT -
Automatic Pancake-Making Machine Attracts $2 Million in Capital
Nov 19 20094:53 pm EDT -
Apple Talk of Microsoft's Annual Meeting
Nov 19 20091:27 pm EDT -
There Is Still Hope for the News Business
Nov 19 200911:50 am EDT -
The Google Phone May Be Near
Nov 18 20094:10 pm EDT -
Amazon Grocery Service Goes Mobile with iPhone
Nov 18 20099:13 am EDT
Links
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Oct 08 2008 9:55am EDT
YouTube, Finally Adding Up to Something?
Kevin Maney writes: Ever since the early dot-com days, there's been an underlying belief in tech circles that building an audience -- getting eyeballs, as they like to say -- would eventually lead to revenue and profits. YouTube, Facebook, Meebo, Twitter -- they all started with no brilliant plan for making money. The sites are free, and the idea has always been to get millions of people to go there, and then surely advertisers would want to be there, too.
But it hasn't really worked out that way. YouTube has had one of the biggest audiences on the Web the past couple of years, yet no way to really make money on ads. Facebook is still struggling to find a revenue model. Twitter is one of the hottest things going, but how the heck is that going to make money?
This is why everyone is going to closely watch Google's new push with YouTube. The video site will now add buttons for selling stuff through Amazon.com and iTunes, and is experimenting with ads inserted in videos. In a sense, it's throwing every trick but the kitchen sink into YouTube to try to get it to pay off. Google bought YouTube in 2006 for $1.6 billion, and it probably won't contribute any more than about 1% of Google's revenues this year.
So it will be interesting to see if Google can turn eyeballs into money, especially in a down economy. It will say a lot about the fate of other eyeball-laden but revenue-hungry Web companies.
