[MiddleEndian]

Ideally people would host their own content. Then there would be no "policy" at all. Every channel should be its own website, and if they want they could engage in mutual link agreements with other content creators they like. Something like wordpress for video content, and maybe with some torrent tech involved so more viewers would distribute the bandwidth.

[master-lincoln]

There is Peertube which is part of the Fediverse, where multiple instances each with their own policies exist. You can have an account on an instance and still discover/follow content on other instances (if they were not banned by your instance owner)

To me this seems like a good middle ground between having your own website and relying on a monopolistic service. Downside still is that your identity is fixed to an instance, but there are discussions on how to change that.