- Joined
- Jul 8, 2019
https://youtube.com/watch?v=hJ-rRXWhElI
A bit of an interesting video by Micro that describes Private Equity firms buying YT channels.
Vdeo was posted on r/YoutubeDrama, and one of the commenters mentioned that they got so pissed off learning about this that they made a chrome extension for it lmao.
Honestly I'm surprised this news is now breaking. I figured private firms would had done this when the news of YouTube creators ranking in mega bucks years ago. I can't blame them. Hearing how YouTube channels such as Ryan's World making millions from YouTube and merchandise sales I was shocked. Compare that the how much money Netflix, Disney Plus and Hulu invests into creating a movie or series to a random YouTube channel that does the bear minimum. What happens? Unless the companies release something popular most people are not going to care and media is not going to report on it. However, with YouTube there's always viewers and it's a great alternative to both cable and streaming. Personally I'm neither a fan of ads or channel membership option. Give me that old school YouTube, "Oh, who's this AVGN? What game is he going to review today?"
I think part of the reason why people are now noticing it and complaining about it because we have seen what feels like an endless amount of examples of Private Equity completely skullfucking x industry/business. It is impressive how the reputation of PE took a giant ass nosedive once their assets/investments started going into bankruptcy one after the other.