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If there is significant amounts of content that has been overzealously blocked by google, then there are advertisers that want access to that (currently) lower-valued inventory. The value of that inventory should normalize based on the number of advertisers who want access to it.

If YouTube doesn't make it available to those advertisers who would accept it, someone else should. That is, if there is (a) enough inventory and (b) enough advertisers (and if not it's an immaterial issue)

Keep in mind that what's material to Google is significantly larger than what may be material for a small company. Google is focused on finding their next $10B in revenue.




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