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Would You Pay For YouTube Videos?
secmartin writes "A couple of weeks ago, Google's CEO mentioned to investors that they might start charging YouTube's users for viewing content: 'With respect to how it will get monetized, our first priority, as you pointed out, is on the advertising side. We do expect over time to see micro payments and other forms of subscription models coming as well. But our initial focus is on advertising. We will be announcing additional things in that area literally very, very soon.' With the recent Disney-Hulu deal, Google is under increasing pressure to generate more revenue and at the same time attract more premium content. That means we might see payment options coming even sooner than expected, with control over the pricing models being handed over to the studios providing that content, like the way Apple caved in over variable pricing on iTunes. This raises an important question: would you actually pay for premium content on YouTube and other sites, or will this draw viewers away to other video sites?"
The simple answer is no. I think people will go to pages were the video is prefaced with a short commercial before paying for Youtube. That's my humble opinion though.
That content's already free, and much of its public.
The media companies already have other venues, namely their websites and the channels they own. And bittorrent covers the rest.
So, why pay, when its free?
We all know that Youtube costs Google money, that much is certain. But what do you do when you've been offering a free service for this long and then say, "Ok guys, you're going to need to pay for some things." I don't think it'll work. There's too many people that are used to the service being free, and not only that, but there are many alternatives should this arise.
Whether I'd pay or not, charging for videos would kill the platform. Why? Because there's a (more than one, actually) free alternative. Why would someone pay money for getting exactly what they get other places? You might get a few people to pay, in general, though, it would mean that people move elsewhere.
No, "what about Windows and Linux" does not count. YouTube doesn't come with your PC, YouTube has nothing you can't get elsewhere (like, say, Windows Games before the advent of Wine, and even with it). There is no "YouTube only" content that is so important to people that they wouldn't move to another video hoster in the blink of an eye.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
Hey, it worked for Napster, right?
Right.
How would you feel if you pay per video and got Rick Rolled? Or accidentally watched a Chris Crocker video? This will never work for user-submitted videos. Only if they offer HD, full-episode shows that I want to watch on any PC I own with no DRM would I even consider looking at it.
Point me to the bittorrent client that I can embed into any webpage, click "play", and with little to no wait, watch a video. Make sure it can work with 95% of all browsers on the market without installing a plugin*.
If you think bittorrent competes with Youtube, you dont understand what Youtube does.
* flash is a plugin, but since you already have it installed, it doesn't count.
I would consider paying, but there would be several hurdles. I'd prefer optional tipping, provided there was a dead simple way to tip a tiny amount, but I might consider paying even if it was a more traditional model.
First, I would only be willing to pay for higher-quality versions. If there isn't a low-quality (ie current normal youtube quality) free, I'm not interested in paying sight unseen.
Second, it needs to be a true micropayment, and they need to somehow make it really trivial to use. I'm not particularly interested in giving them blanket access to my bank account, and I'm not particularly interested in worrying about how much is left in my special youtube account and periodically transferring money. Yes, I realize that doing both of those is probably impossible right now. Their problem, not mine.
Third, they need to provide a download option, at least on larger things. I'm not interested in watching a TV show in my browser, or in having it stop halfway through because my Internet connection hiccuped and it couldn't keep streaming.
And fourth, it needs to be per-video, not per-viewing. I don't want to count the times I've seen something cool on youtube and then later pulled it up to play it for a friend on my computer. I don't mind paying a couple pennies for the good quality version of a neat video, but I mind paying it repeatedly.
They want us to pay for dubious quality, with unknown content videos created by complete amateurs? What are they smoking? Thats a good way to kill it off, even better then the 'IP cops' that now monitor it.
If they cant pay for it via the offensive "commercials" that have been added, then they need to get out of the way to make room for someone else who can.
---- Booth was a patriot ----
Why not? If the price was right, I'd pay. For example, if I could pay $0.50 to get unlimited and permanent watching rights to a TV show episode, or $1 for a movie, I'd certainly consider that. I already pay $10/mo for Netflix, so if they can offer similarly good content, I'd be willing to spend a similar amount of money.
Note that they're talking about "premium content". You're never going to be charged to watch a prairie dog turn around to dramatic sounding music.
With youtube's 720p(*) videos, the quality is actually better than dvd's.
And yes, I would pay if I could easily watch streaming movies from YouTube, which is obviously the case. No one is gonna pay for the user submitted videos.
(*) Now someone comes argue its not as good quality as 720p could be, but its still good looking and definitely better than dvds.
No is too mild a word.
I have better things to do with my time ... erm ... like post on slashdot.
Seriously, never, no, nada, nein, nyet, or as we say in Soviet Kanuckistan, "No fucking way, eh!"
Not everything can be monetized - and not everything that you can extract a revenue stream from will generate a profit. "First we get the eyeballs, then we figure out how to make money from it" is dead, Jim.
I agree - but only if "We're sorry, this video is not available in your country" is never, ever, ever shown again.
Because us grown-ups realize that this stuff isn't gonna get made for free. Thousands of actual people feed their with this money. Pretending it's alright to take the fruits of their labor and give them nothing in return is simply criminal.
If you think I'm gonna pay $1.99 to watch a 30 minute video, you're dreaming.
And yet people happily pay $3.99 for a five second crappy quality clip of a pop song to use as their ring tone.
If you are not allowed to question your government then the government has answered your question.
As far as I can tell, nobody buys ringtones for content, they buy it for "branding" themselves. They use the ringtone to announce something about themselves to everybody they are with.
Some people are willing to pay $4 in an attempt to announce "look at me, gosh I'm hip" every time their phone rings... It is not about quality or work that went into the creation!