Earlier quoted context omitted.
No, cost for that is constantly reducing. The problem is getting people to pay attention to what you make.
Constantly reducing is not the same as less expensive. Independent video streaming is still very expensive, both in hardware cost and bandwidth cost, and if you have a global audience, then you will have to rely on CDN, which for video is not cheap at all. Youtube for the longest time, ran on loss - until recently. Only after Google had reliable penetration all over the globe using their on-premise GGC (aka google CD…
Whilst its not great to replace one big company with another, it is at least good to have an alternative to keep youtube from being too crazy.