No thanks. YouTube is the largest scam in this story. (That'll teach you not to ask me? And I'm still going to fall short of Funny...)
It would be interesting to see the real financial data. I think the google actually knows how the money works in YouTube, but revealing how the trick works could create a "That trick never works" again situation. However the general outlines are pretty clear.
YouTube gets lots of eyeballs. That's largely because there is lots of new content all the time, and creating that content is not seen as a cost on the google's side. They basically take a free-speech-ask-no-questions approach, but I'm pretty sure the real data would show that most of the most attractive content is not little guys exercising their free speech, but either big guys trying to get some free publicity, normally with excerpts, or outright criminals pirating the best stuff they can find and copy. But the real question is how much loot google is making from advertising versus how much comes from people paying to avoid some of the advertising...
So yeah, I'm glad the cops finally got around to doing something about this flamboyant and moderately profitable scam, but "Heck no thanks" to watching the YouTube spin version, even if it was cut under ten minutes. Crime is too profitable these years.
Disclaimer needed? I sort of listen to YouTube while I'm doing other stuff. Whenever I notice an ad I flip back to that tab and cut it off. But there's some recursive humor in there because some of the listening time is while I'm scanning the fresh videos (in the subscribed channels, mostly humor) to see if there are any to add to the "watch later" list. Equilibrium around 10 per day? (So my "best stuff" is mostly advertising for tickets to live comedy.) But my actual "watching" time is minimal. I mostly don't look unless I hear something that doesn't make sense without looking at it...