With Instagram looming, YouTube is trying to keep its creators happy
YouTube is realizing it needs to treat its creators better, now that rival Instagram is making a play for them with its own video platform, IGTV.
The video service announced on Thursday three new ways for YouTubers to make money on its platform, during a presentation at the online video convention, VidCon, in Anaheim, California.
In the next few months, audiences will be able to support their favorite channels within YouTube by paying $4.99 per month to become a member of that channel's community and get access to exclusive posts, videos, live streams and other perks offered by the creator. The program, called Channel Memberships, will be available to channels with 100,000 subscribers or more that meet certain standards, like being eligible for ads and run by creators over the age of 18. The feature, previously called Sponsorships, launched last fall on YouTube Gaming to compete with rival streaming services Twitch, and will soon be made available on YouTube more broadly.
YouTube is also partnering with custom t-shirt company Teespring to allow creators to customize and sell merchandise directly through their channels, as of this week. Many YouTubers, large and small, already make and sell merchandise on their own for extra cash. Not to mention, hawk it incessantly in their videos.
Your video channel has been demonetized. Sorry about that :/
Previously: Facebook/Instagram vs. Twitch and YouTube
(Score: 2) by c0lo on Monday June 25 2018, @11:27AM (5 children)
First, I don't know any channel that I'd consider worth of my $5/mo - even that's the price of coffee I have or 40% times the price of ciggies I smoke in a day. I do enjoy EEVBlog [youtube.com] when I get time to watch it. But that's the catch - I don't have enough time to watch it.
Second: if 1% of those 100k pay $5/mo, that's at least $5000/mo=$60k/year. Wonder how much the creators will actually see flowing towards them? I even wonder if youtube will even tell them how many paying subscribers they have.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 1, Insightful) by Anonymous Coward on Monday June 25 2018, @11:44AM (2 children)
EEVBlog, Big Clive, AvE... This could start to get expensive.
(Score: 2) by Snow on Monday June 25 2018, @03:42PM (1 child)
I'm a big fan of Cody's Lab, although it seems that it's just a matter of time before be poisons or asphyxiates himself.
(Score: 2) by takyon on Monday June 25 2018, @04:07PM
I watched a few of his. Like he tried to walk on liquid mercury omg.
On the other hand you have The Action Lab [youtube.com] "lemme bust out this vacuum chamber real quick".
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 4, Informative) by EvilSS on Monday June 25 2018, @03:35PM
(Score: 0) by Anonymous Coward on Monday June 25 2018, @04:52PM
My favs: 3blue1brown, numberphile, computerphile, standupmaths, and a good chunk of the resulting recommended channels once you subscribe to those.
I agree that it is fiscally going in the wrong direction for me as a fan if too many channels go to this model.