YouTube. Is YouTube a threat to the film industries or a democratic Essay

YouTube. Is YouTube a threat to the depiction industries or a participatory godsend to the masses - Essay ExampleContent available includes movie clips, television receiver songs, TV shows and clips, video blogging, sports events, business management speech user generated content and other types of video content (Miller, 2011). The comp any(prenominal) was acquired by Google in 2006 for 1.65 billion USD by Google. Only registered users are allowed to upload content and they can upload measureless number of videos. Unregistered users can however view all types of barring movies flagged as premium. The viewership figures are actually high. In 2010, more than 14 billion movies were viewed while 800 unique users visited the site every month. About 60 hours equivalent of new movies are uploaded to the site every minute (Anderson, et al, 2012). With such(prenominal)(prenominal) a large portfolio of movies and frolic available, the statement that examined is if YouTube is a threat to the lead industries or a democratic godsend to people. Thus, twain issues will be examined and these are the threat to film industries and the advantages for the masses. Various issues such as nature of content, partnerships organise with media houses, business exemplar and other such issues are examined in detail. An analysis and discussion is then form along with a conclusion. The position taken by the paper is that YouTube is not a competitor to media houses and the film industry but it acts as a channel partner and media outlet and that the masses use the serve for learning new skills, entertainment, for advertisements and product demos. 1.1. Problems and issues faced by the film industry The film industry across the world is facing increasing competition, cannibalisation and parasitic behaviour by a number of entities. These include pirated and wrong CDs of movies that are s out of date for a few Pounds on the sidewalks and which are also available as flagitious downloa ds. Then there are the satellite channels such as HBO, Star Movies and others that broadcast reruns of old movies by paying some amount to the movie production house. Then there are websites such as NetFlix that offer legal movies on rent but the revenue earned by the film producer is less. The film industry makes profits mainly when patrons visit movie theatres (Jenkins, 2009). People tend to stick to away from theatres since they can view movies through other legal and illegal channels. People will of material body flock to the movie theatres to see hit films such as Avatar and the Harry Potter serial but older movies see near empty houses. In such a case, a movie-sharing website such as YouTube that offers movies free viewing would be highly unwelcome since the website will further reduce the revenue (Lievrouw and Livingstone, 2012). The point is that the film industry would stand to suffer monetary loss and not loss of any reputation or identity theft since YouTube would not claim that a particular movie was enter in-house. However, media houses are willing to consider services and offers that help them to obtain additional revenue. This issue is examined in the future(a) section. 2. Analysis of YouTube Some important topics are first analysed with reference to the business model and content relate topics. Observations from these discussions will be used in arguing for the statement. 2.1. Business Model Used The business model used by YouTube is advertisement revenue obtained from click through rates by users when they visit pages that legions the movies. Advertisers pay a certain amount to the website to carry the Ads. It differs from the retail model of Netflix and Spotify in that it does not instantly charge rentals for movies that are hosted. It is somewhat similar to Napster and Limewire but YouTube does not encourage illegal hosting of movies and it is not practical to download movies easily unless some special