Patreon developing a built-in video service so creators don't need to use YouTube
The Patreon content creator subscription service management website has announced that it will implement a native video hosting platform so its content creators don't need to use YouTube.
This news was confirmed by Patreon CEO Jack Conte, who stated the following:
“We already host podcasts, and now we’re starting to host video, as well. We’re building a video product ... So in terms of how we’ve approached our strategy, and what exactly it is that we’re building, we’re building the horizontal architecture for any creator, no matter their medium, or no matter the upload format, to be able to build a business around their work.”
Though more details weren't shared, the goal of the move is simple enough to figure: This is Patreon's way to host the audiovisual content created by those that use it to collect money from their subscriber bases. Despite the news, no launch timing or development status was disclosed alongside Conte's confirmation. As of this article, The Verge reached out to Patreon for further details but did not receive a response.
Further coverage: The Verge
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In 2013, YouTube musician Jack Conte was looking for a solution to his problem: millions of people loved his videos, but only hundreds of dollars were hitting his bank account. This didn’t add up, so he drafted up an idea (hi, we’re Patreon) and brought it to his college...