YouTube Says It Has More Than 100M Premium and Music Subscribers
variety.com
variety.com
I do wish their TV app wasn't a steaming pile of trash though.
Stepping back for a moment and assessing how much expertise I had developed in a skill that shouldn't exist, I realized I needed to get rid of my "smart" TV. I haven't had a TV in my house in years now.
I think it may be more expensive in US.
I don’t need the Youtube music but just want to get rid of ads.
Steam and other digital service providers always have really high, or the highest prices in Switzerland.
On the web, they are here https://www.youtube.com/feed/storefront?bp=ogUCKAY%3D
More like, Google's effort to corner the "Smart TV" market is paying off, where there are no adblockers and the system is locked down.
...so back to blocking ads, i guess...
I had to create a separate Google consumer account in the end to work around that. It was really frustrating, and I'm still upset about it.
It's clear Google allows export of user's YT data only to satisfy some checkbox somewhere. It's not at all useful.
I have considered paying for YouTube Premium for the family, but I can't unless I create dual identities for all my family members and have them use both accounts on all their devices.
But YouTube does not create any content, and you only get YouTube music as a perk
YouTube does not have a content quantity problem, if anything it has too much content which makes discoverability challenging (vs. the curated libraries of Netflix et al.)
In Norway:
Yt premium 119nok/m
Amazon prime 14.99 usd ~ 156nok/m (listed as "plus tax, which would be another 25% vat - but I don't think that's right)
Netflix 720p 89nok/m
Netflix 1080p 109nok/m
Proper Netflix 159nok/m
So... No?
Of which I believe they give back nearly half of adrev to.
Without those payments many creators would not exist.
they sign streamers (and probably channels) with exclusivity contracts that are worth millions.
they will give ad money to anyone that uploads content that meets advertiser criteria. they fund Mr. Beast's million dollar videos even if they aren't doing it from the traditional means of budgeting a project before it is released.
they tried their hand at the traditional route funding original TV shows and such, but it didn't really pan out how they liked.
all things considered, they probably spend far more on content production than any other platform.
Back of the envelope:
- YouTube ads revenue $9.2B / quarter [0]
- Subsciption revenue $15B / year (this submission), let's guess 80% YT Premium -> $3B / quarter
- YouTube revshare is 55% to creators
=~ $6.5B / quarter or $26B/year paid to creators
Netflix spends between $14B-$17B/year on content, depending on if you count it on an amortization or cash flow basis[1], and expect it to go down by 25% next year[2]. Disney spent $15B / year on non-sports content in 2023[2].
So yeah, not only is what you're saying true, but it's probably not even close. It's plausible that in 2024 YouTube's content spend will be more than Disney's and Netflix's combined.
[0] https://abc.xyz/assets/95/eb/9cef90184e09bac553796896c633/20... [1] https://s22.q4cdn.com/959853165/files/doc_financials/2023/q4... [2] https://www.hollywoodreporter.com/business/business-news/dis...
Why is funding original content the critical part of the value proposition, while making sure that the people creating content are compensated for it is worthless?
And honestly half of it is a cesspool. I may be subjective, but then again I'm not the target audience for Mr Beast or any other similar Youtuber or streamer or whatever.
I dunno what they are thinking, but surely it has to devalue their brand and consumer conception of a fair price for the service?
I would pay for YouTube over Netflix/HBO/Hulu/Disney/Spotify/etc. More value.
But I guess at 100M adding a -1 doesn't really do much. Sounds like Google will be fine.
I put all that money into Patreon and other donations.
Which has probably kept me from comparison price shopping cell service quite so hard.
I've been subscribed to yt music for years but not yt itself. And nowadays I do watch more content on yt than listen on yt music.
So it turns out yt premium is pretty much the same price and I can keep using yt music and I now also have no ads on yt itself.
That's the easiest upgrade I've ever made.
I would have preferred Apple Music, or some other service, because the YouTube Music interface is apparently heavily inspired by Snapchat and impossible to navigate. But given the racket Google runs, I'll just live with YouTube Music, because I'm not paying for two music services.
I pay for Apple Music. It annoys me that I pay for two services, but I really didn't like YouTube Music in my brief interaction with it. If I want to get down to 1 music service, I think I'd sooner drop YouTube Premium. I've been thinking about doing that just to stop me from going down so many rabbit holes on that site. I waste way too much time there.
Does it block sponsored content too? With extensions, you can block both ads and sponsored content.
https://addons.mozilla.org/en-US/firefox/addon/sponsorblock/
https://addons.mozilla.org/en-US/firefox/addon/ublock-origin...
https://virpp.com/hello/music-streaming-payouts-comparison-a...
My point is that if you're freeloading music then the artist gets precisely 0.00 which is less even than the worst platform.
I listened to 7000 tracks last year (I think that's well above average), so if that had been on YouTube it would have given $14 to the artists.
People used to spend more on music, even if they only bought a couple of CDs a year.
Spotify pays based on payments from Premium users, as well as ad revenue. I presume others have similar arrangements.
There are ways around this (eg Orion on iOS) but if you're getting premium anyway you get Music bundled.