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Saturday, August 16, 2014

365QOD- Day1286

Improving YouTube


I read a long Fast Company story on YouTube.  It was suppose to be a great piece taht touts the attempts of the new leader to improve relationships with creators.  Like I said it was a puff piece.

That is what pissed me off.  I love YouTube.  You can always find a great video to learn how to do something.  It is like have thousands of video libraries sitting on my desk.  But how they compensate the talent is horrible.

Ever since Google bought YouTube they have been looking for ways to monetize it.  It seems like before I can see a video I am forced to always look at an ad.  I do not have a problem with that.  What I have a problem with is the number of ads that I have to view.  It seems like after every two or three videos they run an ad.  Not cool!

In the article it talked about the compensation for some of the stars.  If you average 25 million views per month you might make $450,00- 900, 000 per year.  Think about that.  25M times twelve is 30 million views per year.  So you are getting paid less than 3 cents per view.  That is for original content.  Not for just posting a video that someone created.

My problem with the system is that if you could drive that level of an audience you deserve more than 3 cents on a dollar.  For creating books and posting them on Amazon you can get a 70 percent profit.  If you create an app you get a 70% share of the profit.  So why does YouTube not adapt that model?  A great question.

Today's question is:
"Would you create more videos if you could get a 70% profit from YouTube?

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