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October 16, 2016 12:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/RIGskandkzs/5-year-old-hosting-service-allmyvideos-no-longer-profitable-to-shut-down
5-Year-Old Hosting Service AllMyVideos, No Longer Profitable, To Shut Down
Founder five years ago, AllMyVideos.net is one of the most popular video hosting services out there, but it will be shutting store this month. Though millions of users visit the website every month, the company said it operated on "minus 20 percent" profit margin. "We are sorry to inform everyone that effective October 23, 2016 Allmyvideos.net will stop accepting new uploads and the site will close fully at the end of the month," the site announced.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/RIGskandkzs/5-year-old-hosting-service-allmyvideos-no-longer-profitable-to-shut-down
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