YouTube premium is as much as some professional streaming services. It’s an insane price. Creators get (depending on who you ask) somewhere between $0.003 and $0.018 per view with ads, so with 55% of premium going to creators ($7.7/mo), you’d have to watch between 428 and 2,567 videos per month. That’s a fucking LOT.
If we say 1000/mo and 10 minute videos, that’s 5.5 hours of YouTube per day. Not even most NEETs are at that level.
The hell are you talking about? Premium is $13.99/mo, removed all ads, includes YouTube Music with all it’s licensed music, among other things. What exactly does your math represent? The amount of hours you’d need to watch to generate revenue equal to the cost of the service? That’s a ridiculous thing to base your calculation on. If you think watching ads is such a better value than Premium then watch the damn ads?
Like, this is basic supply and demand economics. They know that there is less tolerance for ads in terms of exchange of value so the “cost of the service” when payment is in ad viewing time is less than the upfront cost if you get premium. That is really simple economics.
I’m saying that they charge you way more money to avoid ads than they get from the ads because consumers have learned to expect such prices from professional streaming services, while the price has no actual justification other than that people are ignorant enough to pay it.
You are describing supply and demand. Not much more to it than that. Demand for ad free services is greater than demand from advertisers. What’s your point?
You’re free to be indignant about the ad industry and other people’s willingness to pay for services at this or that price point but at least call a spade a spade.
I have premium for YouTube Music, and because they have certain music I can’t get elsewhere, so I get a better YouTube experience and a music streaming service for about the same price I’d pay for just Spotify. I’m satisfied with my purchase and the value I get from it.
Except American medication prices a) aren’t supply and demand; they involve manufactured scarcity among other serious problems and b) are a matter of life and death in many cases; they deal with necessities
There are many things that should not be capitalist: education, healthcare, prisons, to name just a few
The pricing of funny Internet videos et al is not one of those things, and it’s frankly inappropriate to make that comparison here. You think the ethics of lifesaving medication and YouTube videos are comparable? Gimme a break
And charging an exorbitant amount of money for ad-free videos because you have a monopoly isn’t how, exactly?
In both cases, they charge what will maximize profits because it’s what consumers are willing to pay, not the actual value of the product. YouTube Premium doesn’t cost $500/mo because it’s not life-saving, but it’s still way more expensive than it should be because like patented medication, they have no real competitors.
There is a difference between monopolies and anti-trust. It is not, nor should it be, illegal to be the only serious contender in a given category.
If I make widgets for arcade machines so well that I drive all the other arcade machine widget makers out of business, that’s normal commerce.
Antitrust is when I gain and maintain that advantage through specific practices detailed in the legal code
Monopolies are only broken up when it is of grave public interest to do so. There are industries I believe have monopoly/duopoly problems and should be broken up. “Hosting videos on the Internet” is not one of them.
Again, trying to say “pharmaceuticals shouldn’t be an oligarchy/monopoly, which is proof that nothing should be” is not good logic
You should look into the history and breakup of the Bell telephone company for context on when a monopoly is broken up and why
How are you defining “should be” anyway? Your personal opinion? What profit margins should be considered okay and for which products or services?
You need to pick which things are important enough to forcibly break up, and everything after that is fair game, regardless of what you think is healthy for the market. Otherwise you’re just talking about “I don’t like the leadership of that company, they’re bad people” at which point your problem is about, like, specific people’s ethics.
I hate that those people succeed, and there are things I think we can do to mitigate those problems, but “Google bad, don’t let them secure their products or help others secure theirs” ain’t it homie
It’s a fact that YouTube pays out more to creators per view for a subscriber than for an ad user, and in the words of LinusTechTips (despite the current backlash he had literally no reason to lie), it’s “a lot more.”
It may actually be the case that it’s a pool of money that’s distributed based on what parts of the YouTube service you use. So if you watch 100% Mr. Beast, 55% of your subscription goes to Mr. Beast… I really don’t know how that works, it’s not to my knowledge clearly explained.
If you don’t believe Mr. Beast deserves 7.7/mo or so, then you’re welcome to use ads or see if Mr. Beast will upload his content somewhere else.
The fact of the matter is though, it really isn’t a scam for creators where YouTube just milks them for profits in an unfair exchange. They get an entire professionally hosted platform for free the entire time they grow, they get their old videos hosted indefinitely, and they pay nothing for that service. They could quit tomorrow, start losing YouTube money on heaps of 4k video, and be on the hook $0.
I’m not saying that it’s a scam for creators. I don’t want to support YouTube financially because of their rampant enshittification and algorithm that promotes divisiveness and political polarization. If there were multiple equally viable alternatives, at least some of them would have better policies and less enshittification than YouTube.
YouTube premium is as much as some professional streaming services. It’s an insane price. Creators get (depending on who you ask) somewhere between $0.003 and $0.018 per view with ads, so with 55% of premium going to creators ($7.7/mo), you’d have to watch between 428 and 2,567 videos per month. That’s a fucking LOT.
If we say 1000/mo and 10 minute videos, that’s 5.5 hours of YouTube per day. Not even most NEETs are at that level.
The hell are you talking about? Premium is $13.99/mo, removed all ads, includes YouTube Music with all it’s licensed music, among other things. What exactly does your math represent? The amount of hours you’d need to watch to generate revenue equal to the cost of the service? That’s a ridiculous thing to base your calculation on. If you think watching ads is such a better value than Premium then watch the damn ads?
Like, this is basic supply and demand economics. They know that there is less tolerance for ads in terms of exchange of value so the “cost of the service” when payment is in ad viewing time is less than the upfront cost if you get premium. That is really simple economics.
I’m saying that they charge you way more money to avoid ads than they get from the ads because consumers have learned to expect such prices from professional streaming services, while the price has no actual justification other than that people are ignorant enough to pay it.
You are describing supply and demand. Not much more to it than that. Demand for ad free services is greater than demand from advertisers. What’s your point?
You’re free to be indignant about the ad industry and other people’s willingness to pay for services at this or that price point but at least call a spade a spade.
I have premium for YouTube Music, and because they have certain music I can’t get elsewhere, so I get a better YouTube experience and a music streaming service for about the same price I’d pay for just Spotify. I’m satisfied with my purchase and the value I get from it.
Why are you assuming that supply and demand is automatically an ethical system for pricing? Just look at American medication prices.
Except American medication prices a) aren’t supply and demand; they involve manufactured scarcity among other serious problems and b) are a matter of life and death in many cases; they deal with necessities
There are many things that should not be capitalist: education, healthcare, prisons, to name just a few
The pricing of funny Internet videos et al is not one of those things, and it’s frankly inappropriate to make that comparison here. You think the ethics of lifesaving medication and YouTube videos are comparable? Gimme a break
And charging an exorbitant amount of money for ad-free videos because you have a monopoly isn’t how, exactly?
In both cases, they charge what will maximize profits because it’s what consumers are willing to pay, not the actual value of the product. YouTube Premium doesn’t cost $500/mo because it’s not life-saving, but it’s still way more expensive than it should be because like patented medication, they have no real competitors.
There is a difference between monopolies and anti-trust. It is not, nor should it be, illegal to be the only serious contender in a given category.
If I make widgets for arcade machines so well that I drive all the other arcade machine widget makers out of business, that’s normal commerce.
Antitrust is when I gain and maintain that advantage through specific practices detailed in the legal code
Monopolies are only broken up when it is of grave public interest to do so. There are industries I believe have monopoly/duopoly problems and should be broken up. “Hosting videos on the Internet” is not one of them.
Again, trying to say “pharmaceuticals shouldn’t be an oligarchy/monopoly, which is proof that nothing should be” is not good logic
You should look into the history and breakup of the Bell telephone company for context on when a monopoly is broken up and why
How are you defining “should be” anyway? Your personal opinion? What profit margins should be considered okay and for which products or services?
You need to pick which things are important enough to forcibly break up, and everything after that is fair game, regardless of what you think is healthy for the market. Otherwise you’re just talking about “I don’t like the leadership of that company, they’re bad people” at which point your problem is about, like, specific people’s ethics.
I hate that those people succeed, and there are things I think we can do to mitigate those problems, but “Google bad, don’t let them secure their products or help others secure theirs” ain’t it homie
We obviously have irreconcilably different views of the world.
It’s a fact that YouTube pays out more to creators per view for a subscriber than for an ad user, and in the words of LinusTechTips (despite the current backlash he had literally no reason to lie), it’s “a lot more.”
It may actually be the case that it’s a pool of money that’s distributed based on what parts of the YouTube service you use. So if you watch 100% Mr. Beast, 55% of your subscription goes to Mr. Beast… I really don’t know how that works, it’s not to my knowledge clearly explained.
If you don’t believe Mr. Beast deserves 7.7/mo or so, then you’re welcome to use ads or see if Mr. Beast will upload his content somewhere else.
The fact of the matter is though, it really isn’t a scam for creators where YouTube just milks them for profits in an unfair exchange. They get an entire professionally hosted platform for free the entire time they grow, they get their old videos hosted indefinitely, and they pay nothing for that service. They could quit tomorrow, start losing YouTube money on heaps of 4k video, and be on the hook $0.
I’m not saying that it’s a scam for creators. I don’t want to support YouTube financially because of their rampant enshittification and algorithm that promotes divisiveness and political polarization. If there were multiple equally viable alternatives, at least some of them would have better policies and less enshittification than YouTube.