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Nope, its not profitable. Infact, like the sun its dilated the advertising dollar, which means not only traditional TV mediums are loosing viewers to, they are
by KaiserPro 12y ago
Nope, its not profitable. Infact, like the sun its dilated the advertising dollar, which means not only traditional TV mediums are loosing viewers to, they are loosing value per advertising minute sold.
Its also not eating traditional TV. You don't sit down to watch a series on youtube. There is no such thing as longform youtube. There are no profitable 30minute episodic videos on youtube that aren't pirated.
Content is king, and if you are producing shit content (cough 90% of the US TV market) saturated with adverts and repetition, users don't turn to youtube, they turn to netflix.
Netflix will eat all, Youtube is, and unless something changes (like no user uploads) will always be a subsidised media charity store.
Yes, its cornered the MTV music video and nutshot compilation market. It has enabled niche video makers for things like hobbies and such. but there is literally no money in that either.
- DanBC 12y ago> Its also not eating traditional TV. You don't sit down to watch a series on youtube. There is no such thing as longform youtube. There are no profitable 30minute episodic videos on youtube that aren't pirated. Minecraft UHC (ultra hardcore) competitions are one example of longform youtube series. Each episode is 20 to 30 minutes; you'd probably watch a couple of different people. I assume bigger channels make money from doing it. I'm currently watching LapisDemon (associated with the now broken ZipKrowd server) and Xisuma (Hermitcraft) playing as a team and I dip in and out of other viewpoints. This definitely reduces the amount of telly I watch.
- wampus 12y agoIs that a good thing, though? I'm not a gamer, and there are times when I take a break from YouTube and Reddit because it can be difficult to discover new content without the results being dominated by gaming (especially Minecraft). To an outsider performing random searches, it would seem our civilization is based on games, guns, fingernail polish and BDSM.
- DanBC 12y agoI make no judgement. Parent post said you don't get serial content on youtube, and that's just false. You do. If you like watching Minecraft it's great - there are thousands of hours on YouTube. FWIW Once you start watching something YT tends to recommend more of the same. Watching this "World's smallest v12 engine" video leads me to more engine engineering videos, no Minecraft in sight. https://www.youtube.com/watch?v=m3KdpzL3Hkk https://www.youtube.com/watch?v=m3KdpzL3Hkk
- KaiserPro 12y ago>There are no profitable 30minute episodic By episodic TV I mean drama, comedy, traditional TV format. Stuff that people are prepared to pay for (see netflix et al.) Broadcasting sports is super cheap, and has little value for anything other than tier 1 events. (the expense is the rights management, something that games broadcasting has yet to really encounter.) Also note that like I said, its a niche thing, which limits its profitability. Niches always exist. Also note the profitable. Channel4 in the UK used to deliver its catchup TV via youtube. Despite the heavy promoting it failed to get more than a few hundred thousand views across the entire library.
- jkrems 12y ago> There are no profitable 30minute episodic videos on youtube that aren't pirated. I'm not sure what you mean by this sentence. Are you really suggesting that there aren't people / companies that make money with longform, original Youtube content? Or are you missing a "high quality scripted fiction" in there? If not, here are a couple of episode lengths of shows I watch on regular basis: * TableTop: 30-45min * Day9TV: 90min (!) * Nobbel87 lore videos: 20-30min Niche content? Yes. But in all three cases it's their primary occupation. So those are profitable, longform Youtube videos. And they are far from the only ones.
- KaiserPro 12y agoWe are talking about killing traditional TV. None of this competes with traditional TV. The thing that is killing traditional TV is netflix and the like. Its not even the case that Tv series start on youtube and graduate to TV/netflix. The personalities do, but I'm struggling for a show that has. Not even "zoella" has managed it. the most she's managed is an advert.
- jkrems 12y agoOf course this replaces traditional TV. The time I spend watching TableTop I might have spend watching a traditional game show a decade ago. I talk with other people about what happened in the latest episodes. Those shows don't fill a vacuum - they replace something else. And that something is a certain part of traditional TV. You are right that content produced for Youtube does not in general replace scripted drama/comedy. But that is only a tiny part of traditional TV.