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Ludwig goes Offbrand đ
And Netflix makes some money.
TOGETHER WITH
It's Tuesday and creators should keep an eye on Hyper if they want to find out why tech giants like Amazon are investing big bucks in the VTuber-friendly avatar startup.
OFFBRAND EXPANDS
Ludwigâs special events company is leveling up with new hires and a planned investment
Big things are happening at Offbrand. The events companyâwhich was launched nine months ago by Ludwig and a group of co-foundersâis expanding to encompass new hires and fundraising options.
One of those hires is an obvious choice for a company intent on revolutionizing creator events. Jermaâa Twitch streamer known for innovative specials like fantasy-themed baseball games and a real-life version of The Simsâis coming aboard as Offbrandâs Chief Creative Officer. Given the national media attention and massive viewership generated by those streams, Jermaâs new position could mean big things for Offbrandâs upcoming events.
Still, the company isnât leaving anything to chance.
Offbrand is tapping into the knowledge of other industry vets with the hiring of former Beyond the Summit execs David Gorman and Daniel Najarian. Kelby May (who previously worked at the gaming management firm Loaded) will offer another expert perspective as the companyâs new Chief Revenue Officer. Those hires will give Offbrand plenty of brainpower as it doubles down on its mission to âcreate content for creators who havenât had the opportunity to do soâ (per co-founder Nick Allen).
âWe want the creators to be the owners of the content and receive the upside of that ownership. They partake in the upside of the value theyâre creating.â
In order to maintain that balance and remain accessible to a variety of creators, Offbrand has developed a flexible revenue-sharing model that provides monetary benefits for both itself and its creator partners. The company also plans to explore multiple fundraising options: according to Allen, he and his business partners are considering institutional VC firms as well as the possibility of a creator round.
đ SPONSORED đ
Spotter has invested $775 million in creator careers. Hereâs how the internetâs top stars spent their new funds:
Over the last year, Spotter has supported more than 1,500 channel partners with exclusive data insights, innovative optimization resources, and over $775 million in capital. And since Spotter is all about empowering creators, every single deal has been designed to fit YouTubersâ exact needs.
Because when you partner with Spotter, you can âuse your new funds to grow your channel or businessâ.
So, how do top stars like MissDarcei, Dude Perfect, and MrBeast spend their Spotter funds? YouTube icons Colin & Samir teamed up with Spotter to find out. Hereâs what they discovered:
25% of Spotter investments go to producing new videos đ„
21% are allocated to studio purchases đŹ
13% supports brand-building initiatives and creator products đ
And finally, 9% of Spotter payouts go towards hiring editors đšâđ»
What would you do with âan investment from Spotterâ?
Thereâs no time like the present to find out. In fact, when you partner with Spotter, youâll receive your funds immediatelyâmeaning you could start revolutionizing your channel in a matter of days.
HEADLINES IN BRIEF đ°
Streaming star Ninja has made his debut on Twitchâs up-and-coming rival, Kick. (Tubefilter)
âAccording to The Wall Street Journal, Netflixâs first-ever live-streamed sports event is likely to feature a celebrity golf tournament. (The Verge)
âFox News has reportedly sent former pundit Tucker Carlson a âcease and desistâ letter in response to his newly-launched Twitter show. (Gizmodo)
âModerators on Reddit have set more than 7,000 subreddits to private in a collective protest against the platformâs recent API changes. (The Verge)
DATA âą GLOBAL TOP 50 đ
From cat videos to shark slashers, this channel is all about the animals:
If you watch Life of Pi for the tiger and religiously tune into Shark Week, then Oye Facts is the channel for you. The Hindi-language Indian hub has combined two of YouTubeâs favorite subjectsâgood movies and animal companionsâto create an addictive library of uber-viral videos.
Oye Factsâ cinematic Shorts cover everything from Bollywood hits to Hollywood classics, but its top videos all share the same key characteristic: animals are the stars of the show.
Oye Facts saw a huge rise in views between March and May. Data from Gospel Stats.
That focus on film and fauna has earned Oye Facts a huge viewership over the last few months, but itâs worth noting that the channel doesnât only feature the cuter, cuddlier members of the animal kingdom. Visitors to the India-based hub are more likely to stumble across a video of a blood-thirsty shark than they are to see a sweet clip from Marley & Me.
Oye Factsâ fans donât seem to mind that animal-based drama one bitâin fact, itâs safe to say the channelâs 3.8 million subscribers are pretty obsessed:
Over the course of just seven days, Oye Facts received 269.7 million weekly views.
That massive total skyrocketed the Indian hub to #33 in our Global Top 50 chart.
We wouldnât be surprised to see Oye Factsâ rank continue to rise. In a little over a year, the channel has already scored more than 1.4 billion views.
DOUBLE OR NOTHING
It turns out Netflixâs ban on password-sharing might be a good idea
Earlier this year, Netflix Co-CEO Greg Peters warned investors that the streamerâs crackdown on password-sharing would not be âuniversally popular.â We know now that Petersâ phrasing was a pretty massive understatementâbut as it turns out, the streamer is weathering the resulting fallout just fine.
In fact, fallout might be too strong a word for the response to Netflixâs updated policy. Although the streamerâs password-sharing prohibition has triggered plenty of online vitriol, itâs been a clear success for Netflixâs bottom line.
Antenna, a television analytics company, tracked the streamerâs signups and cancellations in the days after its new password-sharing policy went live in the U.S.
The resulting data is a little surprising:
After introducing its new policy to the U.S. on May 23, Netflix effectively doubled its daily signups.
In the four days after bringing its crackdown to the United States, the streamer averaged 73,000 new signupsâabout twice as many as its previous 60-day average.
Netflixâs ratio of signups to cancellations rose by 25% over the equivalent pre-crackdown figure.
Those stats have had a big impact on Netflixâs market value: since implementing its password-sharing policy, the streamerâs share price is up about 18%.
All that data is good news for Netflixâwhich means itâs probably time for serial password sharers to start considering their options. As of now, account owners can add additional users outside their households by paying $7.99 a month per profile. Viewers willing to tolerate commercials can also subscribe to the platformâs ad-supported tier, which costs $6.99 per month.
WATCH THIS đș
OTK is getting into the game with its very own publishing company
One True King (OTK) is launching âa game publisher powered by content creators and their communities.â In addition to a more detailed press release, the gaming org introduced Mad Mushroom to YouTube viewers through a video posted Saturday.
That initial post has already garnered an overwhelmingly positive response, with commenters chiming in to congratulate OTK on the establishment of its new creator-focused company. Other viewers likened Mad Mushroom to Bigmode Publishing, a game publisher founded by longtime YouTuber Dunkey. For more info on OTKâs latest ventureâand its similarities to Dunkeyâs publishing bizâcheck out our full article here.
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Today's newsletter is from: Emily Burton, Sam Gutelle, and Josh Cohen. Drew Baldwin helped edit, too. It's a team effort.