this post was submitted on 17 Aug 2023
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Linus Tech Tips

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They have approximately now lost over 5000 subscribers which equates to about $25000 per month or $300000 per year in lost revenue.

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[–] fluxion@lemmy.world 196 points 2 years ago (2 children)

Maybe that extra $400 time investment wouldn't have been such a bad idea after all

[–] JokeDeity@lemm.ee 128 points 2 years ago (1 children)

This is the issue every first world manager makes time and time again. They make greedy little shyster decisions to save a penny here or save face there and then it ends up costing them hundreds of times what it would have cost to just be ethical and decent in the beginning. It's incredible really what letting the entire world be run by business degree graduates will create in terms of the corporate landscape.

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[–] li10@feddit.uk 66 points 2 years ago (2 children)

Honestly, that bit now seems kinda small compared to what’s happened with the sexual harassment allegations.

It’s gone from YouTube drama because the channel’s a mess, to an actual scandal which paints the entire company as toxic.

[–] Dragon_dick_99@lemmy.world 15 points 2 years ago (1 children)

Whoa, I haven't heard about the sexual harassment. Got a link?

[–] Darkassassin07@lemmy.ca 29 points 2 years ago* (last edited 2 years ago) (6 children)

https://lemmy.ml/post/3412121

(one of the top posts in this community rn, was pinned all of yesterday)

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[–] Cheesycrackers@lemmy.ml 76 points 2 years ago (4 children)

As a bystander just here for the popcorn and drama, would someone mind explaining what Floatplane is and how it pertains to LTT and LMG?

[–] average650@lemmy.world 63 points 2 years ago (3 children)

It's like a subscription based YouTube replacement. Like nebula or something. But mostly it's just LTT that has content there.

[–] falkerie71@sh.itjust.works 33 points 2 years ago (1 children)

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.

[–] Cheesycrackers@lemmy.ml 11 points 2 years ago

Awesome, thank you for the clarification.

[–] pascal@lemm.ee 9 points 2 years ago

That's a good explanation.

[–] TheOneCurly@lemmy.theonecurly.page 37 points 2 years ago* (last edited 2 years ago)

Floatplane is the video hosting service that they created and own. Instead of being ad supported it requires a monthly fee for each content creator on it (in the vein of only fans or patreon). So a loss of subs is a direct loss of monthly income for LTT.

[–] fred@beehaw.org 12 points 2 years ago (1 children)

Looks like their attempt at a video streaming app, separate from youtube.

https://www.floatplane.com/discover

[–] GammaGames@beehaw.org 7 points 2 years ago (1 children)

Is it just them on the service? I don’t see the appeal over Nebula

[–] DaGeek247@kbin.social 6 points 2 years ago (8 children)

It is not. It also has a lot of the not political gun youtubers on it, as wrll as various other hobby interests.

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[–] Drewsteau@lemmy.world 9 points 2 years ago

I believe it’s their website/platform, where they post exclusive content that only subscribers can view

[–] DrM@feddit.de 61 points 2 years ago (3 children)

I hate Floatplane being tied to LMG right now. The concept of floatplane is great and a competitor to YouTube is much needed

[–] TrustingZebra@lemmy.one 26 points 2 years ago (1 children)

I've been enjoying Nebula as a creator-owned YouTube alternative. I don't like all the creators there (a bit too "BreadTube" for my tastes), but there are plenty of creators that I do like. They have some decent bundles too.

[–] TeckFire@lemmy.world 15 points 2 years ago (1 children)
[–] Kecessa@sh.itjust.works 28 points 2 years ago (14 children)

Left leaning YouTubers, although, just like anything in the mouth of right wingers, it's losing its meaning because it's used for anyone they disagree with.

[–] phillaholic@lemm.ee 17 points 2 years ago

"Left Leaning" as far as I can tell today is anyone that doesn't base a large chunk of their personality on hating or being against vulnerable groups of people.

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[–] NENathaniel@lemmy.ca 9 points 2 years ago (2 children)

Yea YouTube desperately needs some legitimate competition

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[–] gamer@lemm.ee 26 points 2 years ago (1 children)

I suspect that if this destroys the company, Linus will turn into one of those raging conspiratorial lunatics who blames society for his failures. I always thought he was a level headed dude, but some of the stuff coming makes me think he's more of a Scott Adams type deep down.

[–] unscholarly_source@lemmy.ca 12 points 2 years ago* (last edited 2 years ago)

Given how much of his investment has gone into creating LMG, Floatplane, etc, I can certainly see that happening. Even the most level headed person in the world will have a point in which a switch in their minds would flip.

I know a few people who were never the same after the dot-com crash, and most recently with the crypto crash. Such a loss (whether of their own making or external impact) will cause even the most sane person to be delusional and senile.

I'm willing to put money that if LMG goes to the ground, we will see a person potentially beyond repair, possibly with a destroyed family, given that it's both him and his wife as the primary investors. I really hope their kids come out unaffected.

It's just sad all around.

[–] merthyr1831@lemmy.world 19 points 2 years ago

"i couldnt justify the $500 in people's time to reshoot the review" - linus sexual harassment tips

[–] MrSebSin@lemm.ee 18 points 2 years ago

Cancelled mine and deleted my account.

[–] toshex@lemmy.world 13 points 2 years ago (1 children)

So, should they rebrand to Sinkplane?

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[–] jivandabeast@lemmy.browntown.dev 11 points 2 years ago (2 children)

To be honest, based on what I've seen from floatplane subscriber comments its people leaving because of the content pause.

Any negative comment is immediately disliked to oblivion

I.e.:

Vs

[–] Mechanize@feddit.it 8 points 2 years ago (1 children)

I feel these graphs tell a different story:

IMHO The people who really cared have left, the one who are on the verge are mainly waiting and the one actively participating with votes are the core fans.

The source is Reddit from user nicePenguin, here's an archived version (Link), they put up a site too at http://fp-stats.buzz , I'm not sure about the overall accuracy, but it doesn't seem wrong at first glance.

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