I'd rather just spend a fraction of the money on a Nebula subscription.

So this has been true of YouTube Red since the beginning. It's one if the reasons I got it. But they use watch time as the way to divide your money out. It actually makes it extremely unfair split for people that make great but short content. It's also why longer content became more popular around that time and those 24/7 streams run like that.

Also why creators started doing channels of just padded run time content of like building legos and eating things. It's to secure better and funding.

The current setup is pretty busted and feels like the wheels are coming off again.

YouTube has a transparent 70/30 revenue share model for creators.

Your entire premium subscription fee is split into 70 to creators and 30 to google.

The 70 are forwarded to the creators in proportion to the watch time.

in fact it's incorrect that "the more you watch, the more they earn". You can only watch two videos in one month and each of the creators will earn the respective 4$

I mostly watch shitposts on YouTube anyway so Adblocker would do just fine

There are very very few youtubers I world like to support.