this post was submitted on 02 Nov 2023
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I still maintain that YT Premium is a great service if you're like a lot of people and YT is the majority of your online video consumption. From a price to use comparison standpoint, it's unbeaten. Netflix, Hulu, Crunchyroll, etc all pale in comparison.
But their insistence on bumping up prices, bundling YT Music and their war on ad blockers now is making it really hard to try to keep it. Hopefully now that Google is trying to cash in, we get some real competitors. Because right now when it comes to the sheer amount of content, visual quality and reliability of streaming nothing compares.
The problem is that, as I understand, YouTube still loses money.
They could probably break even if they screwed over their creators like other platforms, but their creators are their moat.
I've heard that too, but I don't know the details. It seems to me that their massive compute, storage and bandwidth requirements would be the culprits. If they're paying creators so much that they're unprofitable, that would make them very unsaavy with their money.