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>but do they not allow for videos to be visible only to subscribed users?

They do. But as explained, the revenue gained by maybe 100 users paying $5/month won't necessarily exceed an average video release of 10,000 "free" views. It's a " free service", so most subscribers (let alone unsubscribed viewers) won't join the membership for a few extra videos. It's a similar issue Reddit is trying to do right now with paid subreddits.

The idea can work, Nebula as a "competitor" works off this model. But I don't think it can be tacked on 20 years later onto a "free" service.



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