Most of you probably know of the Drive network on youtube, with the great content from Chris Harris and other presenters with a wash of brilliant cars.
Originally the channel got a two year budget from youtube to make a great motoring channel. That time is up… and they have not given them a 3rd year. Many channels try to make money through advertising but Youtube takes 45% so for example the F40/F50 video cost £9,000 to shoot although amassing two million views it only grossed £4,800. Most of the vids followed suit.
So this brings us to the depressing part.. subscriptions. Drive is now capping its Youtube vids to 4 mins for free content, then there is drive+ which is £2.49 a month for full content then there is the NBC channel not available in the UK.
Whats crap is all the good channels are going onto this subscription based services like Patreon where you pay a subscription to guarantee the content makers a wage. Being in a similar business I know how much effort and time it takes to create good content and relying on advertising that youtube takes 45% of isn't a great business strategy.
Just a shame because it all ads up, IMO TV is dying and I never watch it, Netflix youtube and other sources are all I use. Enjoying content is one thing but paying for 1 dedicated channel is another. Its not a lot of money but it all adds up. ATM a decent sky package is £50 (mine is £96 with broadband) then most will have a separate internet provider, phone contracts etc etc
Where does it stop? and really the companies raking in this huge amount of money from good content should be doing more…
More info
http://www.pistonheads.com/news/default.asp?storyId=30564
Originally the channel got a two year budget from youtube to make a great motoring channel. That time is up… and they have not given them a 3rd year. Many channels try to make money through advertising but Youtube takes 45% so for example the F40/F50 video cost £9,000 to shoot although amassing two million views it only grossed £4,800. Most of the vids followed suit.
So this brings us to the depressing part.. subscriptions. Drive is now capping its Youtube vids to 4 mins for free content, then there is drive+ which is £2.49 a month for full content then there is the NBC channel not available in the UK.
Whats crap is all the good channels are going onto this subscription based services like Patreon where you pay a subscription to guarantee the content makers a wage. Being in a similar business I know how much effort and time it takes to create good content and relying on advertising that youtube takes 45% of isn't a great business strategy.
Just a shame because it all ads up, IMO TV is dying and I never watch it, Netflix youtube and other sources are all I use. Enjoying content is one thing but paying for 1 dedicated channel is another. Its not a lot of money but it all adds up. ATM a decent sky package is £50 (mine is £96 with broadband) then most will have a separate internet provider, phone contracts etc etc
Where does it stop? and really the companies raking in this huge amount of money from good content should be doing more…
More info
http://www.pistonheads.com/news/default.asp?storyId=30564