I get that it started for free with less intrusive ads, but YouTube has had a huge impact on the way we all share and consume information. Understanding how much money it takes to run a service with the technology needed to provide high definition videos on a site that is up 99.9999999% of the time, I have no issue paying for a service that has changed my life in many positive ways. Now I do hate price gouging like everyone else, but it’s inescapable from gas & groceries to all streaming platforms.
Same with all of them. Remember when Netflix was $8 and you got all of the features? People said back then that they didn’t mind paying for it either.
Same for Disney, it was $7 a month in 2019, it is now $16. That is an increase of over 40% in 5 years.
Technically that’s a 228% increase increase from what you were paying 5 years ago. Now, inflation is a thing… but I don’t think it’s up 228%.
No. That’s an increase of 129% to 229% of the original price.
You are right that you always use the original price as the base, but if it were still $7 that would be a 0% increase, not 100% as by your math.
Ah yeah you’re right
I miss that :( my partner and I always talk about how that was such a nice time. I gave them my $8 every month and had access to all the shows I wanted to watch and it was great. I completely gave up on piracy, and I was more likely to rent/buy the occasional movie that wasn’t on Netflix.
Same, streaming was the cure to piracy, but they got greedy and now piracy is the cure to streaming overload.
Funny how we want one monopoly for streaming but any other kind of monopoly is bad.
Ikr? Nowadays, I’m quite fond of the idea of forcing media companies to license to all comers if they license to one company. Movie theaters don’t have exclusive rights to movies, so why do we let streaming services pull this shit? Having the same content across all platforms would mean that streaming services would have to compete on price and service quality.
Gabe Newell, the founder of Valve (Steam) had this to say
“Piracy is almost always a service problem and not a pricing problem”
So many people are willing to pay if it’s a good experience. But if the experience sucks, people with money will find a better service, which in many cases ends up being free. If I wanted to have ads dumped everywhere while I watch videos, there are services that offer that “experience” for free.