YouTube’s creator exodus
March 13th, 2024
Presented by Crypto Code
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It’s Wednesday, and it’s also the day when voting begins in the House of Representatives on the bill that could ban TikTok in the US. If you need to shore up your library of funny videos to watch when you can’t fall asleep, we recommend starting now.
In other news… YouTube is losing influencers, the Duplass Brothers try to bring back TV ownership, and Apollo may want to purchase Paramount.
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Do you consume content on YouTube? |
51.5% of you voted Some in yesterday’s poll: How many of the Oscar nominees did you see before the awards show?
“It felt good to get back into seeing movies again — and in the theater!”
“There were some excellent films nominated this year!”
“I work in the entertainment industry. It’s sort of a job requirement.”
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.SOCIAL MEDIA.
YouTube is losing its top creators
The Future. YouTube stars like MatPat, Tyler Oakley, and Lilly Singh are signing off YouTube or significantly cutting back on how much they’re posting, igniting fears of a platform exodus. If YouTube no longer seems like a viable place to start a career as a digital creator, and TikTok ends up getting banned, that could leave a hole in the market for Meta to rule social media.
Logging off
Why are some of the OG influencers leaving YouTube? It’s complicated…
Some have burned out or aged out, citing unpredictable income streams as inconsistent with having a family and mortgage.
Speaking of unpredictable income, many say that YouTube’s unexpected algorithm changes and the platform’s focus on short-form content has hurt their viewership or made their content obsolete.
That’s led some to expand their efforts beyond YouTube into comedy, music, acting, and business.
Also, the rise of expensive, stunt-based content (MrBeast) and AI-generated content has made competing for attention harder than ever.
If the days of the vlog-making, skit-filming YouTuber who ruled the 2010s are officially behind us, a new era could begin where TikTok is the main hub for creators, while YouTube is used mostly for general video-hosting (trailers, music videos, etc.)... as long as it’s still around.
Read: Taylor Lorenz argues that the word “viral” has lost its meaning.
Watch: Hypebeast has brought back the Business of HYPE show, and the first episode features designer Tremaine Emory discussing his work with Supreme and Marc Jacobs.
Listen: Ted Hope, former head of film at Amazon Studios, broke down how to navigate the modern indie film business on The Screenwriting Life.
.ENTERTAINMENT.
Mark Duplass hopes to bring back TV creator ownership
The Future. The Duplass Brothers are doing for TV what he did for film — putting all the financing, production, and distribution in-house. While this model isn’t new, Duplass may pave the way for creators at any level to own the fate of their shows… and give the streamers potentially more adventurous titles to license.
Series gamble
Mark Duplass — half of the brain behind movies like Cyrus and Jeff, Who Lives at Home and shows like Room 104 and Togetherness — laid out his company’s plan for TV at SXSW.
Duplass Brothers Productions will show the pilots of four self-financed series at the fest.
If buyers like what they see, Duplass is looking to strike short-term licensing agreements, as opposed to selling the shows outright.
That allows the company to keep creative control and to ensure that a show doesn’t get stuck at any one streamer and won’t ever be cancelled (a constant problem in the streaming age).
As Peak TV comes to a close, the future of the industry may be sacrificing the big, up-front payouts of streaming for the potentially more lucrative payments down the line if a show becomes a hit… as they did for TV creators during the era of syndication.
What’s old becomes new again.
X is becoming a video first platform
— Linda Yaccarino (@lindayaX)
10:15 PM • Mar 12, 2024
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Today’s email was written by David Vendrell.
Edited by Boye Akolade. Copy edited by Kait Cunniff.
Published by Darline Salazar.
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