{"id":2951,"date":"2017-12-07T09:52:57","date_gmt":"2017-12-07T09:52:57","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=2951"},"modified":"2017-12-20T16:23:19","modified_gmt":"2017-12-20T16:23:19","slug":"patreon-payment-changes-and-what-they-mean-for-you","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2017\/12\/07\/patreon-payment-changes-and-what-they-mean-for-you\/","title":{"rendered":"Patreon payment changes and what they mean for you"},"content":{"rendered":"

Patreon have put in a new payment structure. Every transaction now attracts a fee of 2.9% plus 35 cents, paid by the patron \u2014 rather than out of the creator’s share, as previously.<\/p>\n

Lots of creators are very unhappy<\/a> at these changes, and attempting to at least get an opt-out. As is immediately obvious, this will directly discourage (a) small monthy amounts\u00a0\u2014 the $1 tier, which will become a $1.38 tier\u00a0\u2014 and (b) per-creation pledges.<\/p>\n

Patreon’s FAQ<\/a> speaks as if this is great news with no downsides! Comic artist Gibson Twist does some numbers<\/a> for his own Patreon:<\/p>\n

Some quick math and the numbers are jarring. Right now, artists pocket \u00a080-85ish% of what our Patrons pay. Under the new system, we’ll get \u00a0roughly 70% of what most Patrons pay. They’re selling to us as “You get a \u00a0higher % of the money!” but in truth, we’re getting a lot less.<\/p><\/blockquote>\n

For me, I’m somewhat annoyed, as your $5<\/a> will become about $5.50 (with about the same overhead) \u2014 but the point of the $1 tier is to get interested people to sign up at all. Gah.<\/p>\n

It turns out monopsonies<\/a> have a number of practical problems.<\/p>\n

I’ll be sticking with Patreon for now\u00a0\u2014 if you haven’t subscribed, please do so<\/a>, I really appreciate it and it helps a lot!\u00a0\u2014 but some creators,\u00a0e.g.<\/em>, the estimable Andrew Hickey<\/a>, are exploring other options<\/a>. We’ll see what shakes out.<\/p>\n

Update:<\/b> Patreon have backed down for now<\/a>.<\/p>\n

\"Become<\/a>

Your subscriptions keep this site going. Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"

Patreon have put in a new payment structure. Every transaction now attracts a fee of 2.9% plus 35 cents, paid by the patron. Many creators are very<\/i> unhappy.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[177,298,256],"class_list":["post-2951","post","type-post","status-publish","format-standard","hentry","category-uncategorised","tag-andrew-hickey","tag-gibson-twist","tag-patreon"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/2951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=2951"}],"version-history":[{"count":8,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/2951\/revisions"}],"predecessor-version":[{"id":3269,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/2951\/revisions\/3269"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=2951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=2951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=2951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}