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by eliblock
2969 days ago
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I'd like to throw in my pay-per-minute concept for video content. It's been tried before but I think it's the business model for media monetization that will win in the end. Basically a platform like Youtube could charge users a penny per minute and distribute to content creators after taking a platform percentage fee. Starting something like this would have a huge chicken and egg problem though because no content creators would join a platform without a large existing user base. And I think Youtube and others would have trouble trying out a new business model because they might lose the confidence of their ad customers. |
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1c a minute seems like exactly what I'd be willing to pay, as well. Just for an example, a relatively small livestream I watched last week would have made $1200; there's no way they're making that much on ads. If that's the case, channels would market it as an upgrade too - "join our supporter's club, and get a badge".