They have approximately now lost over 5000 subscribers which equates to about $25000 per month or $300000 per year in lost revenue.
They have approximately now lost over 5000 subscribers which equates to about $25000 per month or $300000 per year in lost revenue.
Core difference is that you subscribe to each channel individually, kinda like Patreon, instead of the Nebula model where you pay one fee and have access to every creator on there.
I’ll also add on that it is almost definitely a significant part of their “business model”
Short term? It is basically a patreon without giving anyone else a cut. Whether they break even on video hosting is questionable. But I also imagine most of the people dropping aren’t the ones grandfathered in at a really low rate.
Long term? It is immensely valuable to have a “viable VOD and Streaming platform” readily available. Because (home of horrific and violent bigots) Kick mostly got its big “push” because all the folk on Twitch are concerned about revenue split stuff. Just like Lemmy got its burst when Reddit went insane.
Having Floatplane as “stable and viable” when someone like Pokimane is looking for a new platform is how you become a major player. Especially since FP seems to combine Patreon+Youtube+Twitch… just with absolutely zero discoverability.