Spyke

Syndicated from the fediverse. Read and engage on the original instance.

View original on lemmy.zip

13 replies

lemmy.ca

This is Youtube trying to eat Patreon's lunch, essentially.

66

A lot of creators are going to Patreon because they're smart enough to recognize that putting all eggs in the YouTube basket yields diminishing returns over time. Hopefully this doesn't change that.

32

I think it was setup more as an alternative to Twitch Subscriptions? A way for streamers to monetize their content on YouTube. For a long time this was a reason for people choosing Twitch and other platforms over YouTube.

The annoying thing is, on Twitch when subscribed to a channel, you no longer get ads on that channel. With YouTube people still get ads, which makes being a member a lot less attractive.

7
piefed.world

I think this is for specific channels so they get more of the money, not for general ad removal like YT Red is.

48
lemmy.ca

Paid Youtube channel memberships have been around for years. I know starting 2022 or so up to 2024, Impact Wrestling had their weekly shows and monthly specials available through a paid channel membership in addition to through their own streaming service.

23
lemmy.zip

Let them invent subscriptions for everything so people start realizing that this is just a new way of extracting money. Capitalism is a damn pyramid scheme.

6

Such is subscriptions. They all go down this path.

Increase in price, reduce features, add more tiers and more options to pay, and reintroduce ads. The reintroduction of ads is the latest in YouTube Premium in the form of Premium Lite where it only does it on some videos and on music. These memberships have been a thing for a few years now.

4

You reached the end

A Premium subscription is no longer enough. Now they want $3 a month per “membership” channel. | Spyke