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Another funny thing, is that no one who talks about WSJ's War on YouTube is apparently capable of doing any googling.

The trumped up narrative is that the Main Stream Media is panicking that they're losing influence to YouTube. While it's true that newspaper circulation is down, a lot of that is due to local papers. The Wall Street Journal is an international brand. They have over two million paying subscribers, which, by the way, is over 30% more subscribers than the entirety of YouTube Red.

How many of a big YouTuber's audience is willing to pay for their content? Even Colin Moriarty, who is killing it now, has only 6,500 people willing to pay for his stuff.

Regarding Colin, he is a good example of someone who gets it. If you rely on a company to host your videos (for free) and also to sell ads for you (for free), you're always going to be at the mercy of that company and it's whims. Your position will always be tenuous.

It's time for YouTubers and new media people to figure out another way to make money. Some of them, like Colin, already have it figured out.