I see this as a nice "balance" that reminds them (if enough people don't cave in) that their monopoly is not giving them a free rein to do anything they want.
I see this as a nice "balance" that reminds them (if enough people don't cave in) that their monopoly is not giving them a free rein to do anything they want.
Personally, I pay for YT premium since it's a slightly better way to support creators (that I don't directly pay via Patreon) and I get Youtube Music. If they raised their prices unreasonably, I'd just enable my youtube-dl script on my plex server and watch for free there.
I also watch a lot of Youtube, outside of a couple of good movies and TV shows that I stream from my plex. So YT premium makes a lot of sense for me
Also - just because it doesn't have the content that you, personally, watch, does not make it not a competitor.
Which, FWIW, they got there by being the only player. It's interesting that no one else has really tried until TikTok
Let's read your list and consider which of those options hosts long form video content
Reddit: a link aggregator, not a video hosting site Tiktok: Chinese data collection machine that hosts very short form videos Instagram: data collection machine that hosts pictures your mom likes and short form videos Twitch: focused on streaming and gaming, not a YouTube competitor
Reddit has supported direct video uploads for literal years, maybe 5 years at this point, and up to 15 minutes in length. TikTok also collecting your data doesn't change that it hosts videos, and supports up to 10 minutes, and that limit has been increasing as they try to be a more general purpose video platform. Instagram hosts pictures, but also livestreams and videos, both short-form (a few minutes), and long-form (IGTV supports to an hour). Twitch is the only one that seems to clearly not support long-form video content, but even then it's still a competitor because that's not all Youtube does either.
If more people get their video entertainment from TikTok, then they watch YouTube less.
Most blatantly, YouTube literally launched shorts recently - an exact TikTok competitor clone.