I think a major part of the problem is that Internet videos haven’t seemed to reach a point where it is viable to purchase them. Libraries were able to exist because they were protected to be able to lend purchased books due to first sale doctrine. We don’t have an equivalent to this for Internet videos as the market isn’t there.

There seems to be a floor of around a dollar where a digital good will be sold in a marketplace where the good can be used outside of that marketplace. No one is going to sell a digital good for a cent or a fraction of a cent, so there isn’t the ability for a library to buy a video for archival purposes.

I don’t know how that gets fixed.