Money from streaming

[Mik]

Hell, we could do that.

[xenon]

Top streamers make good money (multiple 7 figures)

https://dotesports.com/streaming/news/the-10-highest-paid-twitch-streamers

Top of the heap YouTubers are known to make $20M+ (think kids shows like Blippi and Ryan’s world)

[George K]

All of these guys are pushing to have watchers subscribe to their channels and the channels of colleagues.

How does that work? Do you get an income per subscriber? Per view?

How much?

[Horace]

I always wonder if they feel like whores, begging for tips or Patreon subscribers. They don't seem to have any issue with that, but it's uncomfortably close to busking, from my perspective. Not that there's anything wrong with that. But I see PhD psychologists do it, and lawyers do it, and I wonder.

[George K]

One of these guys had a "superchat" today.

Almost 120K views.

What does that translate into with regard to income?

[xenon]

It’s not common to make money. This is based on twitch streaming, which is a very specific type (video games).

But of the people who make any money (which is a small minority) only 5% make more than $1000/year

[George K]

@xenon IOW, it's almost impossible to make a living doing this, right?

Now, in this particular case (Depp/Heard) there's a TON of interest, but this is a flash-in-the-pan, and once the verdict is delivered, the psychopathic viewers will dry up.

And so will the income.

[xenon]

@George-K yeah - a career in acting seems like a good comparison. Lots of people trying to make a living, very few succeeding.

[Jolly]

@George-K said in Money from streaming:

Watching the Depp/Heard case on Youtube has shown that you can make a living doing pretty much anything on YouTube.

There's a small (7-8) community of lawyers who have spent the last month streaming videos from the courtroom and giving running commentary on the proceedings, as well as giving a "livestream" afterward during which one can "superchat" to ask a question.

Apparently, to "superchat" you have to pay a little money. I guess the amount you pay is up to you. I've seen as little as $2 and as much as $100.

One attorney commented that he's thinking about doing live-streaming as a full time gig.

Can you really make a living from this?

Have fun...

https://influencermarketinghub.com/youtube-money-calculator/

[George K]

@Jolly considering the hours you need to invest, it hardly seems worth it.

[Jolly]

Depends.

I subscribe to Deep South Homestead. Danny King's channel is mostly about gardening, farm animals, food preservation, etc., and has about 210,000 subscribers. He's most likely making $1600-$2000/month from YouTube. He's also making money from Patreon.

That's not a great living, but he's retired and the channel allows him to plug any other business ventures he has, along with picking up some freebies to test. Things like garden seed or a manual weeder (Hoss Tools).

Since I've been following him, he's built an off-grid cabin, two hoop houses, a farm pond, bought two small new tractors, reworked some of his barn and bought some Dexter cattle. Looks like he's plowed all his YouTube profits back into his place and increased its value.

Another guy I subscribe to, does videos on tanks and other modern armor, modern being WW1 on up to present. His day job is with a video game company, but he's also an officer ( light bird, I think)in the National Guard. He puts out less videos than Danny, but his views are about double, so his money is about double. And he's used his channel to flog a book he wrote on tank destroyers, along with cementing him as an authority on many things armor, especially WW2.

So a YouTube channel can help a person create their own brand or niche, besides making a bit of side money.