I'm thinking of doing either utube or myspace clone, but I was wondering how do those type of sites make money?
youtube did not make real money, it depended on investors' money in order to survive. Now that Google took over the business, it can dip into google cash pool and also the recent contract with some media companies and adsense. Well, with deep pockets you can do almost anything. Of course, as for clones, they probably depend on advertising as their main source of income. Whether it is profitable or not, I got no idea.