Floatplane is now below 37000 subscribers.

3 years ago by pascal to c/linustechtips

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

fluxion 201 points 3 years ago

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

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JokeDeity 128 points 3 years ago

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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jasonwaterfalls 2 points 3 years ago

Stepping over dollars to pick up pennies.

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li10 69 points 3 years ago

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.

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Dragon_dick_99 18 points 3 years ago

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

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Darkassassin07 30 points 3 years ago

https://lemmy.ml/post/3412121

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

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Ilovethebomb 4 points 3 years ago

OK, wow.

The gamers nexus stuff was merely incompetence, this is something else entirely.

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merthyr1831 2 points 3 years ago

True. Though in that case, too, it seems like Linus had more than enough warning to have fixed it proactively if he wanted to

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Cheesycrackers 74 points 3 years ago

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?

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average650 69 points 3 years ago

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

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falkerie71 35 points 3 years ago

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.

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Puzzle_Sluts_4Ever 19 points 3 years ago

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Cheesycrackers 12 points 3 years ago

Awesome, thank you for the clarification.

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pascal 10 points 3 years ago

That's a good explanation.

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TheOneCurly 36 points 3 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.

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Drewsteau 12 points 3 years ago

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

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DrM 57 points 3 years ago

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

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Puzzle_Sluts_4Ever 34 points 3 years ago

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TrustingZebra 27 points 3 years ago

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.

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TeckFire 15 points 3 years ago

Sorry… “BreadTube?”

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Kecessa 29 points 3 years ago

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.

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phillaholic 17 points 3 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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TeckFire 5 points 3 years ago

Okay, I understand what you’re referring to now, but… why “bread?”

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chomskysfave5 0 points 3 years ago

It's so sad how conservatives say the exact same thing, verbatim, about the left. The cults are eternally talking past each other.

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TrustingZebra -11 points 3 years ago

I am not a right winger if that was what you were implying. I just dislike seeing political videos (regardless of their stance). Same for Lemmy for that matter, I block political communities whenever I see them in All.

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NENathaniel 10 points 3 years ago

Yea YouTube desperately needs some legitimate competition

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phillaholic 5 points 3 years ago

It's not likely to ever happen. The business model just isn't sustainable by itself. The costs are through the roof, and ads don't pay enough to pay for it and pay creators. Any competitor would be far more restricted on who and what can be uploaded.

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NENathaniel -1 points 3 years ago

Definitely, I don't see another platform popping up where anyone can upload basically unlimited amounts of anything. It's kinda insane that Google even allows that still haha

But Floatplane is at least a high-quality platform that sufficiently supports creators without ads (subscription instead)

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net00 42 points 3 years ago

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unscholarly_source 51 points 3 years ago

I'm condemning LMG like the next guy, but it would be good to reserve judgement until after the reports are published, at which point we can assess whether the investigation was done impartially or was biased and tampered with. The reality is, we just don't have any evidence for either side, aside from testimonials. I'm interested in seeing what comes out of the investigation and will raise hell if the investigation is not properly conducted.

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mrpants 48 points 3 years ago

This is social media, not a court of law. My standard of determination on where my money goes and what content I watch doesn't need to be beyond a reasonable doubt.

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unscholarly_source 17 points 3 years ago

Fair point. If you are indeed paying LMG in any form, especially floatplane sub, that is absolutely your prerogative for sure

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mustardman 10 points 3 years ago

Those people can simply resubscribe if LTT is exonerated so it's not like it's a death sentence.

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Kecessa 8 points 3 years ago

They never said people can't do that, but saying that the investigation with be bad before it has even started is just jumping to conclusions.

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mustardman 3 points 3 years ago

There are so many stories about them having a toxic workplace. Happy employees generally don't record all hands meetings on sensitive subjects, which occured after that onr employee left. It's pretty safe to say it's a toxic environment and investigations will simply reveal the degree of toxicity. I don't blame anyone who wants to donate money to toxic people.

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Ilovethebomb 8 points 3 years ago

(which drove a kid and his mom to suicide before).

I'm sorry, what?

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net00 2 points 3 years ago

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Flaky 8 points 3 years ago

(which drove a kid and his mom to suicide before)

Wait, what? Do you have a link to anything about this?

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net00 21 points 3 years ago

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NikkiDimes 21 points 3 years ago

It's worse than that. Due to a mix-up with his MCN, he never rightfully received his play button, which was his reasoning for buying someone elses. The kid decided to give it back to Linus, but because he was so nice about it, Linus told him to keep it and rebadge it with his own channel name. The community still harassed him.

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xusontha 5 points 3 years ago

I'm confused, how is that Linus's fault?

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WashedOver 2 points 3 years ago

Was the Mindchop channel about video games? If so I recall watching a video about the NCIX auctions. I recall the mission being to buy back the youtube play button from Linus' early days there.

I was watching due to the local uproar in the media of all of the customer data on the servers being sold to the highest bidder at the time. Being a former customer of NCIX for my personal system builds I wasn't excited about this.

I thought this guy was an adult if it is the same thing I was thinking about. It was spun as the guy built a cool smaller channel and couldn't get his play button for reasons I didn't understand and at the time of the video Linus decided the guy should have it as his channel was pretty cool. Since I wasn't a rabid LTT viewer I never saw anything more about it and honestly I probably didn't see another LTT video for a while after that.

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gamer 25 points 3 years ago

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.

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unscholarly_source 12 points 3 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.

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MrSebSin 20 points 3 years ago

Cancelled mine and deleted my account.

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merthyr1831 19 points 3 years ago

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

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toshex 13 points 3 years ago

So, should they rebrand to Sinkplane?

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pascal 1 point 3 years ago

That's a nice joke that deservers more, but at this point I'm sad for Luke.

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jivandabeast 12 points 3 years ago

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.:

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Mechanize 8 points 3 years ago

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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jivandabeast 2 points 3 years ago

Yeah thats a good point, to be honest it looks like its mostly levelled off and they haven't lost more than the people who joined after feeling bad for them bc of the hack.

Personally, I'd be willing to bet most of the people they lost are the ones who most recently joined if their only reason for joining was feeling bad for them? Therefore not the hardcore stans

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ruk_n_rul 5 points 3 years ago

Well floatplane is where the hardcore stans lives... The chamber doesn't just echo there, it reverbs.

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GravityAce 4 points 3 years ago

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Zardoz 6 points 3 years ago

How does 5k subs equate to 25k revenue a month? I know quite a few YouTubers with more than that and they only make a few hundred a month.

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