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Remember when the major studios pulled out of their Netflix streaming contracts at the first possible opportunity? After all, they could have just stayed on Net
by thr0waway1239 9y ago
Remember when the major studios pulled out of their Netflix streaming contracts at the first possible opportunity? After all, they could have just stayed on Netflix, and it might have been this nice monolithic platform which could have worked well for everyone. At that time, their decision seemed not just stupid, but Netflix certainly tried to milk it by portraying the studios as being very evil. A few years down the line, you now have more choice, Netflix has improved without raising prices, and in general online video streaming has become a significant threat to another entrenched beast - cable TV.
People may not diversify their streams of income for a lot of reasons, but if you are a YouTube star, you already have some advantages which are extremely valuable:
1. You have already shown that you can wait for the months/years it takes to get to the point of becoming a star. That is time you could have instead invested (at least a portion of) in other platforms.
2. You are obviously tech savvy - or atleast savvy enough to get someone who is tech savvy to do the work for you
3. You are already in possession of a very valuable commodity - the attention of people who actually like you. Why don't you get people into your email list from your channel? Why don't you give them special incentives to take them out of YouTube (over which you have no control) into your website (where you have so much more control)?
>> Even if you were on both, it would be harder.
Derisking any business is hard. If anything, YouTube stars, who usually do not have additional constraints such as employee payroll, unsold inventory, a board to answer to, stock prices to take care of etc. should be able to add this derisking if they actually want a business.
Otherwise it is just a hobby. Then why complain?
- sangnoir 9y ago> A few years down the line, you now have more choice, Netflix has improved without raising prices, Netflix has raised prices[1]. They raised it from $8.99 to $9.99 (+11%) - they even scrapped the previously grandfathered $7.99 subscription from early adopters. 1. http://money.cnn.com/2016/04/19/technology/netflix-prices/ http://money.cnn.com/2016/04/19/technology/netflix-prices/