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It's what happens when you are a monopoly, you can keep jacking up the prices whenever you feel like it if you have no competition.
by Rinzler89 2y ago
It's what happens when you are a monopoly, you can keep jacking up the prices whenever you feel like it if you have no competition.
- tantalor 2y agoYT competes with premium video content streamers like Netflix, music streamers like Spotify, live streaming like Twitch, and social media like TikTok.
- queuebert 2y agoFor music streaming, maybe. For all of the other content, you can't be serious.
- hombre_fatal 2y agoI think they're right though. When I sit down on the couch and turn on my Roku or Apple TV, the question is whether we want to open Youtube, Netflix, Hulu, Peakcock, etc. They absolutely are competitors even if they have different video content. So much so that once I got Youtube Premium, I cancelled two streaming services after realizing how much we watch it.
- queuebert 2y ago> So much so that once I got Youtube Premium, I cancelled two streaming services after realizing how much we watch it. That's exactly my point. For YouTube-type, independent creators and instructional content, there is no substitute. If you want to watch a drama or comedy, you have a lot of options. This is not scientific, but I know an increasing number of people who don't watch "traditional" media at all and look entirely to YouTube for something to watch, especially if they prefer non-fiction.
- edgarvaldes 2y agoYT is not a monopoly, I agree. But OTOH there is not a single yt replacement.
- Rinzler89 2y ago>But OTOH there is not a single yt replacement. How is that different from a monopoly, other then arguing semantics?