Creator Economy

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Successful fundraise of £2m for elevate.io, the Figma for video
Globenewswire· 2025-07-03 18:44
Company Overview - Blackbird plc is a developer of a cloud video platform and a browser-based collaborative video editor, elevate.io, which has recently completed a £2 million top-up raise to accelerate its growth phase [1][5]. Product Features - elevate.io is a collaborative online video editor that operates entirely in the browser, providing professional-grade tools that mimic a high-performance desktop application [2]. - The platform utilizes Blackbird's patented technology to deliver smooth, frame-accurate editing with real-time and asynchronous collaboration, making professional video production accessible globally [2][3]. Market Opportunity - The global creator economy is projected to reach $500 billion by 2027, with elevate.io targeting a serviceable market valued at $6.9 billion [5]. - The platform launched its paid Creator Plan in February 2025, indicating market validation and a growing subscriber base [5]. Strategic Vision - Blackbird's Executive Chair, Ian McDonough, expressed confidence that elevate.io will revolutionize video editing in a manner similar to Figma's impact on design, enhancing collaborative workflows for creators and brands [6].
YouTube says its ecosystem created 490k jobs and added $55B to the US GDP in 2024
TechCrunch· 2025-06-10 20:20
Core Insights - YouTube's creative ecosystem significantly contributes to the US economy, generating over $55 billion in GDP and supporting more than 490,000 full-time jobs [1][2] - The growth of the creator economy continues despite a decline in venture capital investment, indicating resilience in the sector [2] - In comparison to 2022, the creative ecosystem saw an increase of 100,000 jobs and $20 billion in GDP contribution, highlighting rapid growth [3] Economic Contribution - The creative ecosystem includes not only creators but also video editors, assistants, publicists, and employees of creator-oriented companies [2] - The substantial economic impact is attributed to YouTube's Partner Program, which allows creators to earn 55% of ad revenue, providing lucrative opportunities even for mid-range creators [4] Industry Challenges - Creators face challenges in accessing financial services, such as business credit cards and loans, despite their financial viability [5] - The establishment of the bipartisan Congressional Creators Caucus indicates growing recognition of the creator economy's potential and the need for better support from institutions [7]
VS MEDIA Announces Closing of an Additional $1.1 Million Following its Recent Public Offering of Ordinary Shares, Bringing the Total Gross Proceeds to Approximately $9.2 Million
Globenewswire· 2025-06-06 17:45
Core Viewpoint - VS Media Holdings Limited has successfully closed a public offering of 4,774,235 ordinary shares at a price of $0.229 per share, generating additional gross proceeds of $1,093,300, which supplements a previous offering announced on May 30, 2025 [1] Group 1: Offering Details - The total gross proceeds from the two closings of the offering amounted to $9,176,100, with net proceeds of $8,401,749 after deducting placement agent fees and other expenses of $774,351 [2] - The total number of issued ordinary shares has increased to 40,070,298, all priced at $0.229 per share [1] Group 2: Regulatory Information - The securities were offered under a registration statement on Form F-1, which was declared effective by the SEC on May 6, 2025, and the offering was made only by means of a prospectus [3] Group 3: Company Overview - VS Media Holdings Limited, founded in 2013, operates a network of over 1,500 digital creators and partners with more than 1,000 brands across Asia Pacific, focusing on content-driven social commerce and effective marketing services [5]
Alphabet (GOOG) 2025 Conference Transcript
2025-05-15 16:20
Summary of Alphabet (GOOG) 2025 Conference Call Company Overview - **Company**: Alphabet Inc. (GOOG) - **Division**: YouTube - **Event**: 2025 Conference Call - **Date**: May 15, 2025 Key Points Industry and Company Insights - YouTube is celebrating its 20th anniversary, evolving from a simple video upload site to a vibrant creator economy ecosystem [4][5] - The platform is now the epicenter of global culture, with creators acting as modern-day startups [5][6] Strategic Priorities - **Creator Support**: Focus on helping creators build audiences and communities, which is essential for YouTube's growth [6][8] - **Content Formats**: Investment in diverse content formats including Shorts, podcasts, and connected TVs to enhance viewer engagement [7][8] - **Monetization**: Dual monetization strategy through AVOD (advertising-based video on demand) and SVOD (subscription video on demand) [8][36] Engagement and Viewership - YouTube has become the largest viewing platform on connected TVs, surpassing Netflix, with over a billion hours of engagement time globally [10][11] - Shorts have seen a 20% year-on-year growth in engaged views, indicating strong viewer interest [13][34] - Podcasts have over a billion monthly users on YouTube, with a growing trend of viewers preferring to watch podcasts rather than just listen [17][18] Creator Economy and Competition - YouTube has paid over $70 billion to creators from 2021 to 2023, emphasizing its commitment to the creator economy [24] - Creators view YouTube as their primary platform, with many attributing their success to their presence on YouTube [22][23] AI and Technology Integration - YouTube has been investing in AI for years, enhancing user experience through better recommendations and content creation tools [27][30] - New AI tools like DreamScreen and multitrack audio translation are expected to empower creators and improve audience reach [28][29] Advertising and Monetization Challenges - YouTube is working to improve monetization for Shorts, with recent metrics showing revenue per watch hour for Shorts is now equal to traditional in-stream ads in some regions [36] - The company is focusing on attracting performance-based advertisers, achieving a 10% year-on-year growth in YouTube ads [38] Subscription Services - YouTube TV has over 8 million subscribers, with ongoing innovations in product features like multi-view and user choice [54][55] - YouTube Music and Premium have reached 25 million subscribers, driven by user choice and continuous feature enhancements [74][76] Financial Management - YouTube's revenue exceeded $50 billion, up from $40 billion in 2023, with a focus on long-term investments and financial discipline [80][81] - The company aims to balance growth with cost management, including moderating headcount growth and vendor costs [82] Future Outlook - YouTube is exploring opportunities with other sports leagues and enhancing the viewing experience through technological innovations [68][69] - The company is committed to pushing the boundaries of creativity and entertainment, leveraging its unique position in the market [69] Additional Insights - The integration of creators into sports viewing experiences, such as the NFL Sunday Ticket, is seen as a unique selling point for YouTube [66][67] - YouTube's approach to advertising focuses on user experience while ensuring advertiser ROI, indicating a balanced strategy [48][49]
IZEA Reports Q1 2025 Revenue from Core Operations of $8.0 million, up 23%
GlobeNewswire News Room· 2025-05-13 20:01
Core Insights - IZEA Worldwide, Inc. reported a strong performance in Q1 2025, with a 15% increase in total revenue to $8.0 million compared to $7.0 million in Q1 2024, indicating effective implementation of its new strategies [5][8] - The company nearly broke even with a net loss of $0.1 million, a significant improvement from a net loss of $3.3 million in the same quarter last year [9][22] - Adjusted EBITDA improved to $(0.1) million from $(3.4) million year-over-year, showcasing progress towards profitability [9][26] Financial Performance - Total revenue increased by 15% to $8.0 million in Q1 2025, driven by a 28% rise in revenue from Managed Services customers, which reached $7.9 million [5][8] - Revenue from SaaS Services saw a significant decline of 76% to $60,953 due to paused marketing efforts during the business transformation [5][8] - Total costs and expenses decreased by 22% to $8.6 million, down from $11.0 million in the prior-year quarter, reflecting cost-cutting measures [8][22] Operational Highlights - The company generated cash in Q1 2025, with cash, cash equivalents, and investments totaling $52.2 million, an increase of $1.1 million year-to-date [10][22] - Managed Services bookings totaled $7.5 million, compared to $9.3 million in the previous year, indicating a focus on core operations [8] - The company successfully recruited Frank Carvalho as EVP Sales and Marketing to enhance customer growth and marketing innovation [8] Strategic Initiatives - IZEA launched a new homepage for IZEA.com, emphasizing its service offerings and key industry verticals [8] - The company secured new business from notable clients such as Nestle, Acer, and Jeep, further solidifying its market position [8] - A stock repurchase program was initiated, with 180,486 shares purchased at an average price of $2.44, totaling an investment of $0.4 million in Q1 2025 [11]
Rumble (RUM) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:02
Financial Data and Key Metrics Changes - For Q1 2025, the company reported revenues of $23.7 million, an increase of CAD 6 million or 34% compared to CAD 17.7 million in Q1 2024 [15] - Adjusted EBITDA loss for Q1 2025 was $22.7 million, a 14% improvement compared to a loss of $26.5 million in Q1 2024 [18] - The company ended the quarter with $301.3 million in cash and cash equivalents, a significant increase from $114 million at the end of 2024 [18] Business Line Data and Key Metrics Changes - Rumble Video achieved 59 million monthly active users (MAUs) in Q1 2025, with an 87% retention rate from Q4 2024, a significant improvement from 60% retention in Q1 2023 [6][7] - Rumble Ads is seeing traction with notable partnerships, including campaigns with Netflix, Crypto.com, and Chevron [8][9] - Rumble Cloud announced a partnership with the government of El Salvador and is expanding into the sports vertical with the Tampa Bay Buccaneers [11][12] Market Data and Key Metrics Changes - The company is focusing on international markets with the development of RumbleWallet, aiming to monetize these markets through crypto transactions [10][11] - The demand for crypto transactions is expected to grow, particularly in international markets where users prefer to transact in cryptocurrency [28] Company Strategy and Development Direction - The company is committed to its core products: Rumble Video, Rumble Ads, and Rumble Cloud, while also exploring mergers and acquisitions as a strategic focus for 2025 [13] - RumbleWallet is positioned to compete with Coinbase, aiming to become a prominent non-custodial Bitcoin and stablecoin wallet [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the advertising business turning into tailwinds with the new U.S. administration and noted the positive feedback from brand partnerships [8][34] - The company aims to move towards adjusted EBITDA breakeven in 2025, supported by the recent capital infusion from Tether [18] Other Important Information - The company is localizing its video product for various languages to support the international launch of RumbleWallet [10] - The increase in general and administrative expenses was primarily due to one-time payroll events related to executive departures [16][17] Q&A Session Summary Question: Bitcoin treasury strategy and liquidity - Management approved up to $20 million for Bitcoin purchases, with no further strategy announced at this time [23][25] Question: Rumble Wallet's market positioning - Rumble Wallet aims to serve creators and users by facilitating crypto transactions, particularly in international markets [27][28] Question: Integration of Bitcoin and crypto into the business model - Management believes that Bitcoin and crypto initiatives will complement the existing business rather than change it [30] Question: Brand partnerships details - Positive feedback was received from the Netflix campaign, with ongoing campaigns for Chevron and Crypto.com [34] Question: M&A strategy - The company is open to evaluating strategic opportunities as they arise, with no specific details provided [36]
Rumble (RUM) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:00
Financial Data and Key Metrics Changes - For Q1 2025, the company reported revenues of $23.7 million, an increase of CAD 6 million or 34% compared to CAD 17.7 million in Q1 2024 [15] - Adjusted EBITDA loss for Q1 2025 was $22.7 million, a 14% improvement from a loss of $26.5 million in Q1 2024 [17] - The company ended the quarter with $301.3 million in cash and cash equivalents, significantly up from $114 million at the end of 2024 [18] Business Line Data and Key Metrics Changes - Rumble Video achieved 59 million monthly active users (MAUs) in Q1 2025, with an 87% retention rate from Q4 2024, a significant improvement from 60% retention in Q1 2023 [5][6] - Rumble Ads is seeing traction with notable partnerships, including campaigns with Netflix, Crypto.com, and Chevron [7][8] - Rumble Cloud announced a partnership with the government of El Salvador and is expanding into the sports vertical with the Tampa Bay Buccaneers [11][12] Market Data and Key Metrics Changes - The company is focusing on international markets with the development of RumbleWallet, aiming to monetize these markets through crypto transactions [10] - The demand for crypto transactions is expected to grow, particularly in international markets where users prefer to transact in cryptocurrency [26] Company Strategy and Development Direction - The company is committed to enhancing its core products: Rumble Video, Rumble Ads, and Rumble Cloud, while also exploring mergers and acquisitions [13] - RumbleWallet is positioned as a major growth opportunity, aiming to compete with Coinbase and serve the creator economy [10][11] - The management sees the cloud business as having significant potential, especially with government partnerships [12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the advertising business turning into tailwinds with the new U.S. administration [7] - The company aims to move towards adjusted EBITDA breakeven in 2025, supported by the recent capital infusion from Tether [17] - The management highlighted the importance of the creator economy and the demand for crypto payments as a competitive advantage [28] Other Important Information - The company is actively working on localizing its video product for international markets to support the launch of RumbleWallet [10] - The increase in general and administrative expenses was primarily due to one-time payroll events related to executive departures [16] Q&A Session Summary Question: What are the goals for the Bitcoin treasury and its relation to cash liquidity? - The board approved up to $20 million for Bitcoin purchases, with no further strategy announced at this time [22] Question: What are the use cases for the Rumble Wallet compared to competitors? - The Rumble Wallet aims to serve creators who prefer to be paid in Bitcoin or stablecoins, leveraging trust and demand from creators [25][26] Question: Can you provide details on brand partnerships and initial feedback? - The company received positive feedback from a campaign with Netflix and is currently working with Chevron and Crypto.com [31] Question: What are the M&A interests for the company? - The company is focused on evaluating strategic opportunities as they arise, with no specific details provided [33]
IZEA Announces Q1 2025 Earnings Results Conference Call
Globenewswire· 2025-05-06 14:00
Toll-free dial-in number: 1-877-407-4018 ORLANDO, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), a leading influencer marketing company that makes Creator Economy solutions for marketers, announced today that its conference call to review and discuss its first quarter 2025 financial results will begin at 5:00 p.m. Eastern Daylight Time on May 13, 2025. IZEA's Chief Executive Officer Patrick Venetucci and Chief Financial Officer Peter Biere will host the call, followed by a quest ...
Enthusiast Gaming’s Luminosity Crowns Three New Creators in Record-Breaking Rising Stars Campaign
Globenewswire· 2025-04-24 11:00
As newly signed creators, all three winners will immediately begin collaborating with Luminosity and its brand partners, launching new content series, engaging in brand campaigns, collaborating with Luminosity's creator network, and continuing to grow their platforms within a professionally supported environment. Backed by partners including Elgato, Cash App, and Corsair, the creator competition drew over 5,800 entrants, 500 million impressions, and a viral live finale that capped the most successful season ...
Triller Group Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
Globenewswire· 2025-04-23 20:15
Core Points - Triller Group Inc. received a delinquency notification from Nasdaq due to non-compliance with Listing Rule 5250(c)(1) for failing to timely file its Annual Report on Form 10-K for the year ended December 31, 2024 [1][2] - The company has 60 days to submit a plan to regain compliance, and if accepted, it may have up to 180 days to file the necessary report [3] - Triller is actively working to complete its Form 10-K and aims to file it within the 60-day period to avoid the need for a formal compliance plan [4] Company Overview - Triller Group Inc. is a technology company focused on the Creator Economy, offering platforms for content creation, monetization, and brand partnerships [5] - The Triller App is designed for creators, providing innovative tools for marketing and audience engagement [5] - The company also operates Bare Knuckle Fighting Championship (BKFC) and TrillerTV, which are gaining popularity in live sports and entertainment [6] - AGBA, another segment of Triller, provides a range of financial products and services, enhancing the company's ecosystem [7] - Together, these businesses create an integrated ecosystem that positions Triller at the forefront of innovation in social media, live entertainment, combat sports, and financial services [8]