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Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

techcrunch.com

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Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#11

Post by Deimorz »

I don't understand why people are acting like this is ridiculous and will obviously fail. 30% is the same cut that Apple and Google take for everything that goes through their app stores, including all in-app purchases. It's the same cut that Steam takes. It's the same cut that YouTube takes for channel membership. Twitch takes an even larger cut: 50% from subscriptions. It's extremely well-established that people are comfortable with platforms taking that large of a portion.

Patreon is the outlier, and they're dropping hints now that it probably isn't going to last: https://www.cnbc.com/2019/01/23/crowd-funding-platform-patre...

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#12

Post by [deleted] »

Deimorz wrote: post #11

I don't understand why people are acting like this is ridiculous and will obviously fail. 30% is the same cut that Apple and Google take for everything that goes through their app stores, including all in-app purchases. It's the same cut that Steam takes. It's the same cut that YouTube takes for channel membership. Twitch takes an even larger cut: 50% from subscriptions. It's extremely well-established that people ar…

[deleted]

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#13

Post by SatvikBeri »

Patreon is selling a service, Facebook is selling access to an audience. Two seemingly similar but vastly different offerings. That's why Facebook can have a lot of crappier versions of other products that are still successful (e.g. Facebook events vs. Meetup.)

I doubt they'll be able to get away with the terms as is, but it wouldn't surprise me if they manage to successfully charge significantly more than Patreon and still get a lot of customers.

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#14

Post by ardy42 »

Deimorz wrote: post #11

I don't understand why people are acting like this is ridiculous and will obviously fail. 30% is the same cut that Apple and Google take for everything that goes through their app stores, including all in-app purchases. It's the same cut that Steam takes. It's the same cut that YouTube takes for channel membership. Twitch takes an even larger cut: 50% from subscriptions. It's extremely well-established that people ar…

Those cuts are egregiously large, IMHO. Those platforms should be hacked into pieces until competition forces them to fall (or have their pricing regulated like a utility's).

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#15

Post by kalleboo »

Deimorz wrote: post #11

I don't understand why people are acting like this is ridiculous and will obviously fail. 30% is the same cut that Apple and Google take for everything that goes through their app stores, including all in-app purchases. It's the same cut that Steam takes. It's the same cut that YouTube takes for channel membership. Twitch takes an even larger cut: 50% from subscriptions. It's extremely well-established that people ar…

One thing that helps justify it to creators for all these services (including Facebook) over Patreon is that they at least provide hosting, usually of bandwidth-heavy video files or live streaming. Patreon just hosts the equivalent of a Twitter feed linking to YouTube videos.

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#17

Post by pravda »

Deimorz wrote: post #11

I don't understand why people are acting like this is ridiculous and will obviously fail. 30% is the same cut that Apple and Google take for everything that goes through their app stores, including all in-app purchases. It's the same cut that Steam takes. It's the same cut that YouTube takes for channel membership. Twitch takes an even larger cut: 50% from subscriptions. It's extremely well-established that people ar…

Yes, but Apple and Google have monopolies.

Not a "gamer", so I don't really know what "Steam" is/does, but I suspect they must have some kind of moat.

I'm not sure that people are comfortable with Patreon taking a 10% cut.

I'm not happy about eBay taking a 10% cut, but they have a monopoly. Jack Ma, please bring Taobao to USA!

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#18

Post by gamblor956 »

Deimorz wrote: post #11

I don't understand why people are acting like this is ridiculous and will obviously fail. 30% is the same cut that Apple and Google take for everything that goes through their app stores, including all in-app purchases. It's the same cut that Steam takes. It's the same cut that YouTube takes for channel membership. Twitch takes an even larger cut: 50% from subscriptions. It's extremely well-established that people ar…

The problem isn't the %. It's the perpetual IP license, which grants Facebook complete non exclusive rights to the Creator's IP, including licensing it to third parties without further pay to the Creator.

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#19

Post by luckylion »

networkimprov wrote: post #16

This could be a huge boost for Patreon. A significant fraction of creators will seek alternatives when they hear about the FB product, or after being burned by it.

The problem isn't in on the creator side, it's getting users to go, sign up and pledge. FB already has the users, it just needs to give them an option to sign up.

Twitch streamers also use Patreon, but subscriptions and cheers on Twitch are more successful from what I can tell - it's closer to the content. If somebody is using FB as the primary way to release content, it's only natural to also do the donations/subscriptions on FB.

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#20

Post by luckylion »

hereiskkb wrote: post #5

To actually see content creators sign up for this would be a sign of the times.

Well, Facebook has somewhat transparent guidelines for banning, and will be held accountable in public if they overstep. Patreon doesn't, your business with them as a creator is as safe as it is with PayPal if you're putting out controversial content.
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