YouTube is axing its ad-free Premium Lite subscription plan - The Verge

Youtube is still the biggest video website on the world and there just isnt a viable competitor to it and nor is there financial incentive for anyone to jump into something like it given the overhead and cost. Hell even early on when youtube was lower resolution and ran worse on hardware it still beat out competitors like vimeo, dailymotion, and the various early internet content creator sites that spun off of youtubes early copyright purge.

At the end of the day they serve a tiny amount of ads which honestly is more of a minor inconvenience(especially when you remember what TV was like) and the algorithm is pretty hit and miss(personally on my feed it's not bad). Even worst case scenario if the adblockers stop working youtube will probably still not die.

It would take an antitrust hearing or something to really push youtube off of it's top spot and it would be interesting to see what that would look like for the site(though I suspect a google dismembering would leave youtube intact and just remove it form other alphabet brands which wouldnt entirely fix the issue).

Hell look at what happened on reddit. That was a very visible very big protest and there was a huge amount of outrage and reddit skews nerdy enough that the userbase actually pays attention and cares about whats going on. Weeks later and not a lot has changed. Lemmy and some other alternatives became viable but even then it And thats essentially just a big message board which links to content on other sites, in terms of design it should be easier to replicate compared to an open video site that anyone can upload to.

Haven't they said the same thing about the last 10 adocalypses

Once another platform comes along that ticks enough boxes to satisfy people then YouTube will be absolutely screwed.

This is 100% true, the issue is it's very unlikely for that happen out of nowhere. Youtube is a service that needs a lot of work & $ to compete with & they have all the content creators locked in as well. Personally I would love to be on a video platform where people just want to spread information for fun & to educate people, how youtube used to be, instead of everyone monetizing everything with clickbait video covers, titles, while making arbitrarily long videos to satisfy some Youtube ad criteria.

What requires YouTube's end is a competitor, and there is no competition. People might complain about YouTube, but it still remains the free video streaming platform. Everything else is paid, including small streamers like Nebula. You also have small content creators relying on YouTube to advertise and draw traffic.

You might jump ship, but the market doesn't seem to be doing so. If anything, people are reevaluating their paid streaming services to go less instead of more. People will complain about YouTube, but it is still the cheapest option.

User content deliver platform is a really bad business model cause:

• there is always that free option, pirate, rip record and the share, or simply patreon that skips the platform's fee taking once you are big enough.
• if you try to charge for ad, then you need enough conversion rate(views->click through, views->query or views->sales), there is really not much options to do this, if you make another youtube clone, you pretty much can't pay for the infrastructure nor bandwidth.
• you still have to deal with all the other stuff, DMCA, content moderation, age restriction, reports, etc.(these are cost sink that does not generate revenue at all.)

I don't know how Nebula do the revenue split, can a user even specify like I want to support this creator only? cause from what I see only 50% revenue is distributed, that means the bigger channel you are traffic wise, the more you get from sign ups. so smaller creators might not have a good time there compare to the patreon model.(where user pay directly to them and the end user just watch youtube or from other source direct stream/download).

I really hope there is something like a flare system. You pay a fixed price every month, and that money gets distributed by watchtime or likes or so between creators. Including higher budget creations such as series and movies. Maybe depending on production budget, they can get a multiplier. Since a movie minute is usually a lot more expensive than a random guy talking into a microphone.