As we know, there are a lot of people uploading tons of new content to YouTube every single day. However, there have been a handful of people that have been consistently churning out good content. However, YouTube has confirmed that it’s looking into creating a paid subscription model whereby people would pay $1.99(£1.28).
On one hand, it allows content creators a new way to make money from the videos they upload to YouTube. Some content creators have nearly 1 million subscribers. Whilst YouTube has not stated what percentage of that £1.28 goes to the content creator, it could mean some big bucks for content creators. It also allows YouTube to go up head-to-head with platforms such as NetFlix who are already bringing out their own original content such as the hit House of Cards.
However, this news also worries me. A lot of people have been trained that YouTube is a place where people can consume video content for free. If they are then asked to start paying for the content they are watching then they could go somewhere else for their video content.
What do you think? Is this a boon for content creators or a possible catalyst for a mass exodus of users? Let me know in the comments.
side note: I apologise for the lack of articles in the past couple of weeks. This has been due to personal commitments. However, I can reassure you that normal service has been resumed.