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The Creator's iPhone Problem š²
Why apps cost more on phone vs. desktop
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Creators Address App Store Fees
Hank Green tells viewers to purchase creatorsā apps from desktop, not mobile / Hank Green
YouTube Premium costs $5 more per month on iPhones than it does on desktop or Google Play. Education creator Hank Green dug into whyā¦and why it matters for creators launching their own streaming services, like The Try Guys, Corridor Crew, and Dropout.
Breaking it down: Extra fees from Google Play and the Apple App Store mean creators keep less revenue and, in some cases, have to charge users more.
How it works ā Both Apple and Google take a 30% cut of revenue from subscriptions purchased through their app stores. After a user subscribers for one year, that drops to 15%.
Some platforms increase the cost on the App Store to make up for the 30% fee. Thatās why Google-owned YouTube charges $19/month for Premium on the App Store and $14/month on desktop and Google Play.
The creator response: Corridor Crew charges about $20 more per year on App Store purchases than desktop (the latter is where they encourage followers to sign up). Dropout, Nebula, The Try Guys, and The Sidemen donāt charge more for subscriptions on the App Store or Google Play.
Greenās suggestion? To support creators, donāt buy platform subscriptions on your phone. Instead, sign up on desktop then log in on mobile.
āI get why [Apple] should take a cut. I just don't get the way theyāre taking the cuts. And I donāt get why they donāt let people say āhey if you donāt want to use the App Store ecosystem, come buy it somewhere else where you donāt have to pay this 30% tax,āā Green said in a video.
Zoom out: Launching a streaming platform has become a popular creator business playāmaking app store prices an increasingly important factor in creator strategies.
Why This 26-Year-Old Finance Creator Retired His Channel
Nate OāBrien returns to his channel after one year to officially announce his departure / Nate OāBrien
After seven years of creating educational finance videos for his 1.3 million YouTube subscribers, finance creator Nate OāBrien announced that heās retiring from his channel to focus on other ventures.
OāBrien told us what he learned from creating in the finance nicheāand what heās building next ā
Maintaining trust is paramount for finance creators. The nicheās reputation suffered after creators started selling crypto scams to their viewers, according to OāBrien.
He believes his audience kept coming back because he never tried to sell digital products like NFTs or investing courses.
āYou have to constantly take it into your own hands to make sure [viewers] actually make financial decisions themselves,ā he told us.
You canāt āhalf-assā content. By 2018, OāBrien realized that he didnāt want to create videos full-time in the long run. So he teamed up with his brother to build a marketing agency (which now owns and manages several faceless media brands) on the side.
āThatās another reason why I had the luxury of being able to walk away from the YouTube channel,ā he said.
OāBrien is bullish on creators as investors. He launched a venture capital firm in 2022, targeting consumer-facing companies that he advises on marketing and branding.
But OāBrien cautioned that angel investing isnāt for every creator. āYou should really make sure youāre doing your homework before you just jump in,ā OāBrien told us.
Sponsored by LTX Studio
The Platform Simplifying Storyboarding for Creators
For creators like Cleo Abram, storyboarding is a huge (pun intended) part of the creative process. But even with the latest tech tools, mapping out a visual plan has never been simple.
LTX Studio is trying to change that. With features like prompt to storyboard, enter a seed of an idea and this AI-powered platform will generate the building blocks for your next video.
Need to flesh out a plot summary? Test out different visual styles? Done and done.
Itās still in beta, but LTX Studio has started giving access to people on its waitlist. Sign up here.
Dude Perfect Enters āFortniteā With Dodgeball Game
Dude Perfect share a preview of their custom island built to play virtual dodgeball in Fortnite / Dude Perfect
Sports creators Dude Perfect launched a custom island in Fortnite yesterday, where players compete in rounds of virtual dodgeballāthe āfirst of more Fortnite games to come,ā the group said.
The gameās release coincides with an upcoming dodgeball-themed video from the Dudes premiering on their YouTube channel tomorrow.
Zoom out: UGC gaming content development has become a big business. Fortnite parent company Epic Games paid out $320 million to custom map builders last yearāwhich has led creators including Andre Rebelo and Karl Jacobs to spin out their own game development studios in recent months.
š„ Press Worthy
The Try Guys and Hasan Piker exceed a $1.5 million fundraising goal in their Creators for Palestine Charity Livestream.
Cannes Lions rolls out an exclusive experience for creators at its annual festival taking place next month in the French Riviera.*
Fitness creator Lydia Keating and comedian Isa Medina start a podcast called I'm Right You're Wrong.
Instagram doubles down on Notes with new features including likes and mentions.
Twitch removes all members from its Safety Advisory Council.
*This is sponsored advertising content.
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The content weāre looking forward to reading, watching, and listening to this weekend.
Read: A struggling actor finally struck it rich. Then, the FBI showed up. New Yorker writer Evan Osnos dives into this strange (and true) story of a Hollywood Ponzi scheme.
Watch: The Verge kicks off its new creator interview series by traveling to Unnecessary Inventionsā studio in Burlington, Vermont.
Listen: On a recent episode of The Press Box, journalist and bestselling author Patrick Radden Keefe talks about how to approach a story when you don't have access to a subject.
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