The X group is tremendous excited this week, as a result of MrBeast (aka Jimmy Donaldson), the preferred YouTuber of all time, has uploaded certainly one of his movies on to X, as a way to check X’s monetization capability, in keeping with Donaldson’s publish.
$1 Automotive vs $100,000,000 Automotive!!!
I’m curious how a lot advert income a video on X would make so I’m reuploading this to check it. Will share advert rev subsequent week ❤️ pic.twitter.com/amSSmddFht
— MrBeast (@MrBeast) January 15, 2024
This comes after a current interplay with X proprietor Elon Musk, during which Donaldson defined to Musk that there’s little level in him importing content material on to X, as a result of he can’t make as a lot cash from his movies on X as he can on YouTube.
My movies value thousands and thousands to make and even when they received a billion views on X it wouldn’t fund a fraction of it :/
I’m down although to check stuff as soon as monetization is basically cranking!
— MrBeast (@MrBeast) December 30, 2023
Musk and Donaldson have additionally interacted at numerous factors up to now, with Musk trying to lure Donaldson to assist increase X’s new video push. However in pure income phrases, Donaldson’s appropriate, there’s no method that X will be capable of match the cash that he makes on YouTube.
For context, MrBeast reportedly generates between $2 million and $4 million per video he uploads, and he posts round as soon as per week. X has paid out round $30 million, in whole, to all creators over the previous six months.
But, even so, evidently Musk has satisfied MrBeast to present his new creator income share program a shot, which X has shouted throughout each channel that it could, as an endorsement of its new “video first platform” technique.
Which, it’s probably not.
Donaldson initially uploaded this identical clip to YouTube again in September, the place it’s to date obtained over 211 million views. So it’s not an X unique, it’s a check, as Donaldson says, to see if he can lengthen his monetization potential by re-uploading previous clips to X as properly.
However for X, there’s loads using on this being a profitable experiment.
Musk has repeatedly famous that he desires X to compete with YouTube, on all fronts, even stating that he thinks X is near exceeding YouTube on some components already. Which, to be clear, it positively is just not, however nonetheless, Musk’s everlasting optimism is what drives his success, and the truth that Donaldson has even uploaded a clip on to the app will be seen as a win in lots of respects.
However it’ll be attention-grabbing to see how Donaldson’s followers react to his tacit assist of Musk’s X mission, and the way the broader MrBeast neighborhood sees this new, potential partnership.
Certainly, a member of MrBeast’s crew, Kris Tyson, got here out as transgender final 12 months, a neighborhood that Elon Musk has repeatedly criticized in lots of X posts.
It’d be attention-grabbing to know the way Tyson feels about contributing to Musk’s X mission.
For Donaldson, nevertheless, it’s all about enterprise, and given the stakes for X, you may wager that Elon and Co. will promote the video in each method that they probably can, within the hopes of maximizing its income potential, and convincing Donaldson, and different creators watching on, of the viability of the platform on this respect.
However it looks like a stretch, at this stage, to tout this as a coup for the app, although possibly, as one other stepping stone, it will see X’s video technique take off.
X additionally just lately introduced the signing of a number of big-name TV stars to unique content material offers, which can see them air new programming direct within the app.
X’s purpose, apparently, is to construct its personal video leisure community to rival conventional TV.
Which, as I’ve reported, Twitter, and just about each different social app, has tried, repeatedly, up to now, with restricted success. However possibly, amid the shift in the direction of social apps as central leisure platforms, versus supplementary engagement surfaces, now could be the time to make an even bigger push, with a view to maximizing engagement within the app.
And possibly, Donaldson and his MrBeast crew will play a component.
It’ll be attention-grabbing to see the outcomes of this experiment, as a minimum.