Netflix, once a pioneer of ad-free viewing that offered a break from traditional TV norms, is now contemplating launching free ad-supported versions of its service in markets like Europe and Asia, Bloomberg reported.
The plans to offer a free ad-supported tier, albeit in select markets, suggests that pivot towards monetizing user data, in other words — making users and not the extensive library of award-winning shows a product, might be well in the pipeline.
I’m a big fan of Patreon.
Sure, Patreon is great, but Patreon alone is not enough for most creators to make a living, considering how hard it is to get people to commit to monthly subscriptions.
But why do they need to make a living creating content.
We should go back to hobbyist sharing videos of their hobby and interest for the love of it instead of a guy trying to make money by jumping into trendy hobbies and creating bland generic content until the algorithm picks them.
It would reduce so much noise online and the stuff we would be left with would be people who have the best content. It would eliminate the drama and toxic crap for views.
There are certainly hobbyists making good content. Most of the great content is from people making a living off it. They have time and resources to devote to doing deep dives into subjects that hobbyists just generally don’t. The bigger problem as far as filling the internet with crap goes is all the react content and people making clips of other people’s stuff that adds nothing to it and whatever YouTube shorts are supposed to be.
I’ve seen a number of content creators argue otherwise. From the “Hello from the Magic Tavern” sketch comedy group to the “Scenes from the Multiverse” Cartoonist to the various musicians cranking out indie tunes on Bandcamp, the refrain I consistently here is that direct patronage offers significantly better returns than ad-supported payments on bigger media platforms.
Indie creators generally have an easier time of securing monthly subscriptions because they’re more boutique and have closer connections to the audience. And you don’t need an enormous audience to bring in a reliable income. While YouTubers need to get into the hundreds of thousands of subscribers to see any kind of productive ROI, Patreon artists can justify the expense of their work on an audience in the hundreds. They can go entirely indie with an audience in the thousands.
Most creators can’t afford to go fully indie, but the margins are so much better relative to the audience size with direct payments. Even just $2/viewer/episode pays vastly more than what a streaming service offers.