With 90% of traffic being foreign, the odds of being able to successfully monetize is slim.
And copyright violation is illegal and you can go to prison for it (though JTV has a good excuse in that it's user generated). Making it the cornerstone of your business is risky. People go to prison for copyright violations fairly frequently, the owners of EliteTorrents are a recent example:
And copyright violation is illegal and you can go to prison for it (though JTV has a good excuse in that it's user generated). Making it the cornerstone of your business is risky. People go to prison for copyright violations fairly frequently, the owners of EliteTorrents are a recent example:
http://arstechnica.com/tech-policy/news/2008/06/jury-convict...