2023-10-14 23:56:15
Zippyshare has been considered a popular file hosting service for many years. Today, unfortunately, the company must withdraw from the market. Despite the impressive figure of 45 million visitors per month, sales are simply too low. The service considers, among other things, the increased use of add-on blockers as the cause.
Zippyshare can no longer operate economically
Zippyshare itself describes itself as “a dinosaur” in the field of file hosting services in a report from the TorrentFreak blog. Considering the company’s almost 17 years of existence, we can certainly emphasize this choice of words. This is especially true in the period of rapid and, unfortunately, often short-lived change that Internet companies have always experienced. At the end of March, the company must cease operations. The reason is simply economic problems, as the company continues to assert. Zippyshare does not hide its main source of income. The service mainly benefited from placements. However, as ad blockers are used more and more by users, they can no longer generate enough revenue.
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A difficult decision
Since its creation in 2006, Zippyshare has always been committed to offering its service for free. In doing so, they relied on ad funding, which in the age of ad blockers obviously doesn’t work very well. But increasing competition seems to be the reason for this end. The operators themselves are reasonable and affirm that “the very simple formula of our offer is gradually being exhausted”. In the statement they also refer to the more sophisticated appearance and more extensive functions of other providers. Heavy parting words like “no one needs a dinosaur like us anymore.” are more than appropriate given the long existence of the company.
The announcement of the end of Zippyshare was a surprise and an obvious surprise. After the company left its website virtually untouched for almost five years, the news of the website’s closure was all the more striking. The company immediately used its own website for this purpose. There, they announced “stopping the project at the end of the month” and advised their users to make “backups of your important files”. For backup copies, the file host dino wants to give its customers just under two additional weeks. During this period, Zippyshare should also continue to operate as usual.
Also interesting: the illegal file hosting portal Streamz has been blocked
A turbulent business history
In fact, over the years, Zippyshare has proven to be a company that doesn’t give up easily. Quite the opposite, in fact. The file host having survived phases of turbulence, we can in no way blame it for having thrown in the towel too early. Especially when the big competitor Megaupload closed its doors in 2012, the service faced difficult times. The number of users declined rapidly because users were afraid of copyright lawsuits. Additionally, the service had to remove millions of URLs from its own platform because rights holders took legal action. Of course, all this also came with hefty fines. But Zippyshare proved its ability to withstand and fought its way through this phase as well.
But in the end, it is not the rights holders who sound the death knell for the service. Instead, it is the users themselves who deprive Zippyshare of its economic basis. Even if almost 45 million users are active month following month on the file host’s website, this is not enough to operate economically. After all, too many users resort to ad blockers. As a result, the supplier’s business model collapses like a house of cards. This situation is no longer tenable, especially at a time of rising energy costs, which Internet companies are facing in particular. Given its continued success, the end of the service is extremely sad. For example, TorrentFreak’s report shows that Zippyshare is still one of the top 1,000 most visited websites in the world today.
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