Subscription Media
sari and
Subscription Media
A week ago, OnlyFans posted that they had paid out $700M to creators lifetime to date. Now the headline image says $725M. At a 20% take rate and with the approx timeline, thats ≈$800m-1.5B GMV run rate and $150-300M revenue run rate. This is a billion dollar media company.
A theme over the past 12 months was that media companies like NYT were dead because Substack would steal all the best people.
Now people are shutting down their Substacks to become employees at The New York Times?
It's almost like brand matters.
Jacob Donnellytwitter.com
📺 the creator economy in 2030 and the growth of viewer-funded businesses
Chip Hornekoodos.substack.com