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this post was submitted on 24 Sep 2024
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The nice thing about hiking your prices by 50% is that unless a whole third of your users quit, you haven't lost anything.
Apart from all future customers that will now choose another service
That's the good thing about a monopoly. You don't have to worry about customers choosing another service.
You don't lose anything for the moment, but it might come back to bite you later regardless. Because Youtube needs to grow until the end of times but can't, it will end ugly one way or another. It's more of a symptom of a bigger problem than an isolated, 'smart' business decision.