1 week ago

YouTube Offers Millions to Keep Creators' Videos Off Netflix

YouTube Offers Millions to Keep Creators' Videos Off Netflix
YouTube is spending millions to prevent Netflix from poaching its creators · theprint.in

YouTube and Netflix are competing to work with popular online video creators.

YouTube may offer some creators millions of dollars to keep their videos on YouTube first or exclusively for a while.

It could also help pay for programs or give creators more money from brand deals.

Netflix is offering creators extra money to put videos on its streaming service too.

Some creators have already released videos on both platforms.

YouTube says this could reduce the number of people watching videos on YouTube.

It may give fewer promotions and business opportunities to creators who do this.

Some creators do not like Netflix's rules about submitting videos early or removing certain sponsors.

The negotiations are still ongoing, and no YouTube deals have been finalized.

Key facts

Reported YouTube incentives
Potential payments could reach millions of dollars, with terms varying by creator.
Possible benefits
YouTube may directly finance programs or provide creators with a larger share of revenue from major brand deals.
Exclusivity terms
Creators could be asked to upload videos to YouTube before making them available on other services for a specified period.
Possible consequences
Creators publishing simultaneously on Netflix may be less likely to receive YouTube marketing, event, and selected brand opportunities.
Netflix audience
Netflix has more than 325 million subscribers worldwide, according to the reports.
Reported dual-platform deals
Alan Chikin Chow and Nick DiGiovanni have reportedly been paid to publish videos concurrently on YouTube and Netflix.
Deal status
YouTube had not finalized creator deals, although it was reportedly close to agreements with several partners.

Quotes

Bloomberg report source

Anonymous investor‑aware source cited by Bloomberg

““This is part of the discussion about the financial incentives offered by YouTube to creators as Netflix pursues more exclusive deals.””
news18.com

Sources

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