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B1 Intermediate English 9:58 1,600 words Science & Tech

How We Make Money on YouTube with 20M Subs

Kurzgesagt · 5,422,257 views · Added 2 months ago

AI Summary

This video explores how the educational YouTube channel Kurzgesagt grew from a passion project into a major animation studio over 10 years. Learners will pick up vocabulary related to business models, revenue streams, creative financing, and company values. It's ideal for practicing listening comprehension around topics like entrepreneurship, media production, and science communication.

Learning Stats

B1

CEFR Level

1,600

Total Words

604

Unique Words

5/10

Difficulty

Vocabulary Diversity 38%

Subtitles (32 segments)

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00:00

In 2023 Kurzgesagt has existed for 10 years,  insanely long in internet years. We are among the   largest sciency channels on Youtube and still a  bit of a black box to people. So let us talk about   ourselves a bit in three parts: Our backstory, how  we finance our work and the values of Kurzgesagt!

00:19

Let’s jump to a more innocent time. From humble beginnings to Today Kurzgesagt’s foundation was laid when Philipp, our  founder, dropped out of high school as a teenager.   Learning seemed daft and useless and he was not  interested in anything. Until a very special   teacher at a school for dropouts grabbed him  by the neck. The way she taught was different.   She talked about connections and the big picture.  She told a story. For the first time ever,   Philipp wanted to learn more without being  forced. It was a key life experience.

00:53

Kurzgesagt tries to recreate this  experience for you. Nothing is   boring if you tell a good story  and we try to tell these stories,   to spark excitement and make you  want to go on and learn more.

01:05

Because of the one teacher that could do  this, Philipp got a high school degree,   studied history and design and eventually  started Kurzgesagt as a passion project,   inspired by Crash Course World history.

01:15

In 2012 Youtube was less commercial and more  idealistic. You couldn’t make a living with   videos as involved as ours and that was fine.  The goal was creative freedom and so for the   first few years, it actually cost money to  make Kurzgesagt. We had no outside funding,   just intrinsic motivation and a few friends from  university. We worked for clients during the day   and on Kurzgesagt at night, 80-100 hours a week.  It was a real struggle but also very rewarding.

01:45

But then Patreon launched, sponsorships  started, our views increased, Youtube   changed. In 2015 the channel began to  break even and then to earn a profit.   But we were pretty burned out at this  point, so we decided to bring in more   friends and hire the first team members  full time, creating a legal entity.

02:03

More people meant that we could stop overworking,  do more and improve. But we also needed to earn   more; the livelihood of real humans depended  upon it. None of us had any experience in   running a company. We didn’t plan to become  big or to grow – it sorta just happened.

Full subtitles available in the video player

Key Vocabulary (11)

you A1 pronoun

Used to refer to the person or people that the speaker is addressing. It is the second-person pronoun used for both singular and plural subjects and objects.

people A1 noun

People refers to a group of human beings or the general public. It is the standard plural form of the word 'person'.

revenue A2 noun

Revenue is the total amount of money that a company or government receives from its activities, such as selling products or collecting taxes. It represents the money coming in before any costs or expenses are subtracted.

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