I run an independent music label in Toronto, and our group has been considering for some time to create a semi-serialized web series but one of the big prohibiting factors in us actually getting it done is that nobody wants to use YouTube.
If we generate a serious following that is dependent on the platform we're giving up a tremendous degree of creative control and direction for our fans.
Not to mention the serious lock-down on live-streaming musical content, and copyright restrictions. If so much as five seconds of the wrong song is playing in the background, the whole episode gets pulled.
Can we do a cover of 'x'? Other people have, but will ours get pulled?
Here we have an instance where hundreds of other similar videos and channels exist, yet these three individuals were singled out.
If there was at least consistency in the censorship and copyright stuff, or a proper channel for communication, the platform would still be viable.
But, like the Apple iOS App Store, you can produce an entire project, upload it, and, if it even gets up there to start, you've basically just gotta cross your fingers and hope it stays there, because the right to pull it at any time is there.
tl;dr: at least if YouTube, Apple, etc, were consistent with censorship and offered proper channels of communication they would be much more viable platforms.