this post was submitted on 20 Jul 2023
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I never understand the practice of increasing prices to stuff like this when you have less income, because all it does is drive away current and potential customers.
It's like with cinemas, if you reduce the ticket price enough you'll easily fill up screens. If they want more money from YouTube premium they should reduce the price to increase membership to cover the cost and then some for what you reduced it by.
It's not rocket science.
with this price change they still make more money if they loose less than ~14.3% of their users. i think that's actually plausible. never underestimate the laziness of people to change something they have become accustomed to.
I use YT prem. Use a ton of YT for the kids and I like that my YT prem helps the content creaters I sub to. Though, if they had a patron or something they'd probably get a cut.
This price raise sucks, bc now I will probably cancel. It's not worth that much.