this post was submitted on 23 Sep 2024
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[–] reddig33@lemmy.world 16 points 2 months ago (1 children)

They’d have more paying subscribers if they didn’t charge more than Netflix for what amounts to user-generated content that they’re getting for free.

[–] scarabic@lemmy.world -1 points 2 months ago* (last edited 2 months ago) (3 children)

They’re not getting it for free. They pay video creators. And they know that the more they can pay them, the more and better content they will get.

And with any product pricing, there is always a balance between charging less to get more customers, or charging more to get more money per customer.

I’m pretty sure YouTube knows more about how to price their service than any of us.

[–] Petter1@lemm.ee 7 points 2 months ago (1 children)

Thy take as much as they can get and pay as little as they can, using AI for both:

https://www.youtube.com/watch?v=4EmstuO0Em8

Quasi-Monopoly makes services worse for everyone!

[–] scarabic@lemmy.world -2 points 2 months ago (1 children)

Everyone in every aspect of this economy tries to get the most while paying the least. I swear people in here are bitching about absolute economic basics that they themselves are guilty of.

If you hate monopolies, go pay for Nebula and Curiosity stream like I do.

[–] Petter1@lemm.ee 1 points 2 months ago

I do pay for Nebula, it is not the Solution to our Problem. We need regulation.

They’re not getting it for free. They pay video creators. And they know that the more they can pay them, the more and better content they will get.

barely, most of that payment is from premium subscribers and memberships, people who spend their own money on this, youtube gives them a share of the ads, sure, but ads are basically a fraction of the majority of most youtuber incomes these days.

[–] Grandwolf319@sh.itjust.works 1 points 2 months ago (1 children)

It used to be free, it’s not like the majority of YouTube users voted yes to google takeover.

[–] scarabic@lemmy.world -2 points 2 months ago* (last edited 2 months ago)

It’s not like YT is a democracy LOL

And YT was never free. It has had ads from the beginning. Perhaps not its very first months as a startup but those were supported by its seed investment capital so obviously a special and finite circumstance.

YT is ad supported. It always had been. Free services need to make money somehow and ads are one way. It is baffling watching people realize this for the first time because they’ve been shielded by their ad blocker for years, but dude, here outside that little bubble, in the real world, this is how things work.