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This is from the same person who made SponsorBlock[0] for YouTube, which strips in-video advertising and sponsored segments.

[0] https://addons.mozilla.org/en-GB/firefox/addon/sponsorblock/

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Speaking of SponsorBlock? Does it affect the YouTuber revenue stream. Sponsors are not YouTube and not the owner of the video. They probably don't know the audience of the sponsored segment. It may affect the number of clicks on affiliate links, but I guess SponsorBlock users don't click much anyways.

It affects watch time depending on how long the blocked sections last, which should affect money received by ads.

I would say skips rather than strips.

If you use something like yt-dlp that supports it then sponsorblock also strips it from the resulting files.

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