Vid.me has announced that they are shutting down on December 15th 2017, saying that they could not find a path to sustainability.
This news should be of concern as content creators have been getting increasingly frustrated with Youtube's algorithms that demonetize their videos and this means they have one less alternative to turn towards.
(Score: 2) by Wootery on Thursday December 07 2017, @09:27AM
Advertising is the biggest reason people are able to make a living making YouTube videos. Our whole conversation has been about doing that kind of thing better than YouTube does it.
Some people are able to go with patronage and make it work, but advertising has shown itself to be a generally more reliable way to pay the bills.