YouTube Premium users across the globe are facing significant price hikes as Google increases subscription costs in over a dozen countries. This follows earlier price jumps in various regions, including the United States last summer. The latest increases vary by region, with some countries experiencing hikes between 30% to 50%. For instance, in Ireland, Belgium, the Netherlands, and Italy, the Family plan will rise from €18 to €26 starting November, while the individual plan will increase by €2 to €14.
Countries affected by these changes include Ireland, Netherlands, Italy, Belgium, UAE, Switzerland, Malaysia, Saudi Arabia, Indonesia, Colombia, Thailand, Singapore, Norway, Sweden, Czech Republic, and Denmark. Although most Reddit reports are from European users, the price hikes also impact the Middle East, Colombia, Singapore, Thailand, and Indonesia. YouTube had already raised its subscription prices in India by 15–20% in late August.
So, steal everything or something else? Content isn’t free. The ad model exists, but only works if people see the ads.
If everyone blocks all ads, and doesn’t pay a subscription, how’s that work for those providing the service?
I’m not defending YouTube here, just curious what your solution is to have a service and not pay for it.
I do pay for YT family Premium in the US. I watch mostly YT, and it is my music streaming service. I definitely liked it more when it was costing me $15/mo for that and was mad when that went to $23. I even tried switching to Spotify and using ad blocking on YT. I didn’t jive with Spotify, and while ad blockers work for YT, it’s a bit of a pain installing them on TV boxes and managing subscriptions across devices, asking with which videos you’ve seen etc.
Youtube revenue in 2023 (before these price hikes) was 31.5 billion USD.
The revenue for the entirety of alphabet in 2023 was 307 billion USD.
Youtube alone generated 10% of the entire revenue of alphabet’s portfolio in 2023.
Yes, revenue is not profit, but I could not find profit figures for youtube.
Alphabet’s operating income for 2023 was 84.3 billion USD. Assuming a similar proportion of revenue to operating income (I know, hella extrapolating, but again no direct sources for youtube) that would put youtube’s operating income in the ballpark of 8 billion USD.
It’s not that they aren’t making money because people are “stealing” as you say from poor little indie company youtube. It’s just that they want more more more MORE MORE MONEY.
Because of course they do. It’s never enough.
Edit: because I forgot to link my source: https://www.sec.gov/Archives/edgar/data/1652044/000165204424000014/googexhibit991q42023.htm
YouTube is but one, and as I said while the story is about yt I was talking Mir in general. How do you pay for content/services in general?
Right now with via ads or a subscription.
It’s one thing to pay, and another to be squeezed dry.
When ads were mostly static banners on websites almost nobody was blocking them, because they were mostly unobtrusive.
However, they would often link to shady websites that would install random crap, so the usecase for blocking them was already there.
Then they became animated, and they multiplied. It was one at the bottom of content at first. Then a couple. Then two vertical banners on the sides too. Then more rectangular banners here and there for good measure.
Then they became unkillable javascript popups, then proper new browser windows. Then autoplaying videos with audio were added. And this is just the visible stuff. Add tracking pixels, tracking cookies, browser fingerprinting, and tons of other spying technology deployed under the guise of “but the content is free”.
After every step the use of ad and tracking blockers became more legitimate as serving ads moved further and further away from paying for free content and squarely in the space of selling user data collected without consent for huge profit margins.
If ads and subscriptions were enough to just make a normal amount of profit, very few would be blocking ads or pirating content, because the amount of ads or the price of subscriptions would be reasonable and affordable.
But since everyone wants to make a 1000% markup on the content they generate, they will drive their very own paying customers away.
Youtube could have served me a couple ads per video and I would have kept using it forever. Instead they served me a minimum of 20 ads per video, so now they will serve me zero, forever.
Netflix could have gotten 12 euros every month out of me for their dwindling and dwindling content selection. Instead they wanted 14 after a while. And 17 after a while. And 19 after a little while more. All the while refusing to serve me the 4k content I paid for.
So instead they now get zero too.
I am very happy to pay for content, and a lot of people like me. But the comment you originally replied to was in reference to youtube increasing the price of their subscription by ludicrous amounts. You replied there content isn’t free, and I replied that youtube has no problem making money. The increases are not to keep youtube afloat, is to make youtube make 10 billions in profit rather than 8 next year.
It’s not about paying a fair amount of money for content, it’s about making you pay all that you can give and suck you dry.
So to your question “how do you pay for content/services in general?” I answer “with money”, but that is not what is happening here.
Not op, but I think a solution would be having AI watch the videos and tracking what the people are saying, wearing, using etc and posting links to purchase those things in the description. They get a cut of sales and can also sell links for competing products if companies want more exposure. This could be effective and noninvasive. Give a cut to content creators and it may be even more effective.
How’s that work on tvs?
They’d have to modify the tv app.