While Youtube may be discounting direct revenue from this specific and limited set of content, Alphabet recognises the value of ostensibly being the quasi-exclusive repository & catalogue of video content.
Denying to their "users"/viewers the availability of some subset of content hurts their reputation more than "losing" a negligeable fraction of direct monetisation.
Leaving aside the morality of repudiating monetisation while allowing access, this is a sound strategy for maintaining the Youtube platform's monopoly and raison d'être. Which is after all the core of their ability to maximise shareholder value, and what else matters to a corporation?
While Youtube may be discounting direct revenue from this specific and limited set of content, Alphabet recognises the value of ostensibly being the quasi-exclusive repository & catalogue of video content.
Denying to their "users"/viewers the availability of some subset of content hurts their reputation more than "losing" a negligeable fraction of direct monetisation.
Leaving aside the morality of repudiating monetisation while allowing access, this is a sound strategy for maintaining the Youtube platform's monopoly and raison d'être. Which is after all the core of their ability to maximise shareholder value, and what else matters to a corporation?