STOP Subscribing to Things on your Phone!!!!

Summary

In this video, the creator discusses the pitfalls of subscribing to services through mobile apps, highlighting the significant price discrepancies due to platform fees. They share personal experiences with Dropout TV, Audible, and Spotify, comparing subscription costs on different platforms. The creator emphasizes that subscribing via the App Store or Google Play can lead to higher prices and less revenue for content providers. They advocate for subscribing directly through websites to support creators better and touch on the ongoing disputes between tech giants and app stores over these fees.

Takeaways

• 🎥 The speaker created a standup comedy special during their chemotherapy and recorded it in Los Angeles, which will be released on Dropout TV.
• 📺 Dropout TV is a streaming service for independent and original comedy series not available elsewhere.
• 💰 The cost of subscribing to Dropout is $60 a year or $6 a month, with a potential discount using a coupon code.
• 📱 The speaker advises against subscribing to services through mobile apps due to higher costs associated with in-app purchases.
• 🔍 A comparison is made between the costs of subscribing to YouTube Premium through different platforms, showing a price discrepancy.
• 📊 The script discusses the 30% cut taken by Apple and Android from in-app subscriptions, affecting the final price for consumers.
• 📈 The speaker uses case studies of Dropout, Audible, and Spotify to illustrate the differences in subscription costs across platforms.
• 🚫 Spotify has chosen not to allow premium subscriptions through the iOS app due to Apple's 30% fee, instead directing users to subscribe via the web.
• 💼 The CEO of Dropout confirms that subscribing through Apple or Android results in the company receiving 70% of the revenue, versus a full 100% if done directly.
• 🛒 The script highlights the convenience of managing subscriptions through mobile devices, despite the extra costs.
• 🚀 The video is sponsored by Rocket Money, a personal finance app that helps users manage their subscriptions and save money.

Q & A

What is the main topic of the video script?

The main topic of the video script is the issue of subscribing to services through apps on your phone, specifically addressing the higher costs associated with doing so due to platform fees.

Why did the speaker start writing a standup comedy special while undergoing chemotherapy?

The script does not provide specific reasons for the speaker starting to write a standup comedy special during chemotherapy, but it does mention that they recorded the special in Los Angeles and it will be released on Dropout TV.

What is Dropout TV and how is it related to the speaker's comedy special?

Dropout TV is a streaming service for independent, original comedy series that are not available elsewhere. The speaker's comedy special will be released on this platform.

What is the cost of subscribing to Dropout TV according to the speaker?

The cost of subscribing to Dropout TV is $60 a year or $6 a month. There might also be a coupon code available for a full year subscription at a discounted price.

Why does subscribing to YouTube Premium through the Apple App Store cost more than subscribing through the internet?

Subscribing to YouTube Premium through the Apple App Store costs more because Apple takes a 30% cut of every dollar that goes through their ecosystem, which increases the subscription price for consumers.

What is the purpose of the Rocket Money app mentioned in the video script?

Rocket Money is a personal finance app designed to help users manage their money more effectively. It can help cancel subscriptions, lower bills, set budgets, and save money.

How much does Apple take as a cut from subscription services that use their ecosystem?

Initially, Apple takes a 30% cut from subscription services that use their ecosystem. After a year of subscription, this cut goes down to 15%.

Why does the speaker recommend subscribing to services on the internet instead of through an app on your phone?

The speaker recommends subscribing to services on the internet instead of through an app on your phone to avoid the higher costs associated with platform fees, which can be as high as 30%.

What is the situation with Spotify and their subscription fees on different platforms?

Spotify has managed to negotiate a deal with Google where they don't have to pay the extra fees on Android. However, on iOS, they cannot offer subscriptions through the app due to Apple's 30% cut, making it unprofitable for them.

Why does the speaker believe that it's not ideal for companies to subscribe through the app store ecosystem?

The speaker believes it's not ideal because it either results in customers paying more for subscriptions or the content providers receiving less money while the platform takes a significant cut.