> I don't really care about the playlist of cat videos - assuming youtube divides based on the individuals time spent there and not globally
Ah yes, now this is quite an important distinction. If it's my $10 split over what I watch, then that's different to splitting everyone's money globally.
I thought it was the latter from this part of the story:
> Subscription revenues will be pooled, with partners receiving 55 percent of the total. Individual partners' cuts will be apportioned based on how much time their viewers spend watching their channels, though
However, I'd like to see something that more clearly defines what it is.
I think one big issue either way is that watching a video doesn't define how much value I derive from it, and the value is what I personally want to incentivise. One five minute video of a random lets-play is not equivalent (to me) to a five minute smarter every day video, even though both would get one view and 5 minutes of watching time from me.