Subscriptions Killed the Video Star
According to the Search Engine Journal, Google is currently in negotiations to begin offering paid movies and shows on YouTube. Hulu and Apple are already knee-deep in paid content. Amazon is now offering paid videos online, and Yahoo is exploring the possibilities. How long will it be before Microsoft gets into the game? Begun the video wars have.
Some of these services draw you in by giving lots of free content. Some just have a good pricing scheme. Each one of them is stepping directly into the “streaming” content that Blockbuster and Netflix have already pioneered via rental service agreements.
Rentals sound great until users look at their monthly bills and realize they’re being nickel-and-dimed to death. The word “subscription” is being thrown about wildly. After all, these companies have to pay for the infrastructure and bandwidth to support the viewings.
Many web companies have tried to use advertising to avoid this outcome. Still, they’re all finding that it just can’t support everything as Joost found out the hard way. They’re going to keep the site running, but they’re joining Crackle in being one of the numerous video application providers.
This all comes down to the question over whether free online video content will eventually join the horse-drawn cart in the dustbins of history. If this comes to pass, video stars such as Thunderf00t, communitychannel, hotforwords, and even the lovable Fred Figglehorn.
Even if the signs are on the horizon, the winds of change won’t blow in overnight. So, in the meantime, let’s all enjoy the free video content throughout the internet.