Daily motion is owned by the French canal+, a public company.
Maybe I’ve gone too far in my open source and decentralised convictions, but the only benefit I see here is that the company is based in the EU. It has the same profit driven structure as Google/YouTube.
Why I see this as a problem?
Option A- the platform grows but it can’t monetise effectively: they will need to seek more revenue by further monetising users and advertisers. Expected result: enshittification
Option B- the platform grows and becomes very successful. This is a publicly traded company, so growth is everything. They will once again seek further monetisation. Expected result is the same.
What’s more, having extremely powerful and wealthy corporations leaves us on the path the US has taken, with strong lobbies of private interest (basically legal corruption).
Shouldn’t we use this turning point to move to a better alternative, instead of substituting foreign cancer with a home grown variety?
Just like with phones, all you need to do is remove the battery