I understand how the video delivery works, but I'm still having trouble understanding the "Platform Usage."
EXAMPLE
Let's assume I have purchased 12gigs of Platform usage and I have 12gigs of usage to get my videos uploaded, configured, tested, etc. I never upload or modify any videos again.
Does that mean that every month I will have to buy 12gigs more of Platform usage (currently $44.28)?
This is correct (or you would buy a larger amount that will run out over the course of a longer time). This is to cover the cost of storing the content, running our servers, hosting embed codes, etc.etc.