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Kyncl says You Tube will pay out “the vast, vast majority of revenue” to creators, but he repeatedly refused to detail what that percentage would be.
Subscriptions music service Spotify pays 70% and Apple Music pays 71.5%.
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Though turning existing fans into paid subscribers instead of free viewers could earn creators more than the ad revenue, forcing them into the deal seems heavy-handed.
According to Chief Business Officer Robert Kyncl at today’s You Tube Red launch event, 99% of content consumed on You Tube will be still available, noting that the vast majority of creators signed the deal.