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They still give that "platform and potential for compemsation" to the long tail, since it's effecively zero-cost to them... it's promotion that is zero-sum. As an advertising company, that attention is all google has to sell. So while they do lose some money from that 50,000 piece of work, they gain much more from the 10 million.

They could have an independent artists section, like the indy corner on their android app store, but which they don't really promote... presumably for the above reason.

It's ironic that YouTube, named in ironic allusion to the denigrating slang term "boob tube" for TV, has become just that, after all.




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