They have approximately now lost over 5000 subscribers which equates to about $25000 per month or $300000 per year in lost revenue.
Maybe that extra $400 time investment wouldn’t have been such a bad idea after all
This is the issue every first world manager makes time and time again. They make greedy little shyster decisions to save a penny here or save face there and then it ends up costing them hundreds of times what it would have cost to just be ethical and decent in the beginning. It’s incredible really what letting the entire world be run by business degree graduates will create in terms of the corporate landscape.
Honestly, that bit now seems kinda small compared to what’s happened with the sexual harassment allegations.
It’s gone from YouTube drama because the channel’s a mess, to an actual scandal which paints the entire company as toxic.
Whoa, I haven’t heard about the sexual harassment. Got a link?
(one of the top posts in this community rn, was pinned all of yesterday)
As a bystander just here for the popcorn and drama, would someone mind explaining what Floatplane is and how it pertains to LTT and LMG?
It’s like a subscription based YouTube replacement. Like nebula or something. But mostly it’s just LTT that has content there.
Awesome, thank you for the clarification.
That’s a good explanation.
Core difference is that you subscribe to each channel individually, kinda like Patreon, instead of the Nebula model where you pay one fee and have access to every creator on there.
I believe it’s their website/platform, where they post exclusive content that only subscribers can view
Looks like their attempt at a video streaming app, separate from youtube.
Cancelled mine and deleted my account.
How does 5k subs equate to 25k revenue a month? I know quite a few YouTubers with more than that and they only make a few hundred a month.
It must cost 5 dollars a month to be a member.
/c/theydidthemath
It’s not just ad-based revenue they’re losing. It’s a monthly subscription people are cancelling.
Those are floatplane subs not YouTube subs