Say What?
They say YouTube isn’t making any money. Its bread and butter is user-generated content, although it has managed to draw partnerships with some major Hollywood content providers, such as Fox and Warner Bros. Nevertheless, the money is supposed to be sparse. Then you have Hulu, which got started with content from some of the major players, like NBC Universal and Fox, right off the bat. Hulu is, according to the word on the street, doing very well. And so what we’re looking at is two models, UGC and content from mass media. In other words, a site catering to social media vs. a site catering to mass media (or, instead of simply saying “mass media”, we mean the lumbering, late arrival of mass media content providers to the social media space).
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