- Tubefilter
- Posts
- A creator Ponzi scheme goes wrong đČ
A creator Ponzi scheme goes wrong đČ
We have the receipts.
TOGETHER WITH
It's only Tuesday, but Airrackâs New Years resolution has already come true. The YouTuber set a Guinness World Record on New Yearâs Rockinâ Eve by visiting 100+ pizza joints in just 24 hours.
ON THE CASE đ
Did Revolt cheat creators out of hundreds of thousands of dollars?
Coffeezillaâs latest exposĂ© is bad news for Revolt, a major merch company that has released multi-million-dollar drops with stars like MrBeast, Valkyrae, Tubbo, Corpse Husband, Anthony Padilla, MrBallen, and Nihachu.
The allegations: Several months ago, Coffeezilla received off-the-record tips that creators whoâd partnered with Revolt were being paid lateâor not at all.
Twitch streamer/Dream SMP member Nihachu told Coffeezilla that Revolt owes her $300,000 for a 2022 drop.
Five people have also come forward with allegations of sexual misconduct and/or assault against Ryan Piasente, who leads Revolt and manages the YouTube group Misfits.
The motive: Financial records appear to show Piasenteâs extravagant spending habits, which he allegedly supported by pulling from Revoltâs coffersâa method that forced the merch company to adopt a âPonzi-ishâ business structure.
According to Coffeezilla, Revolt would do a merch deal with one creator, Piasente would (allegedly) spend a chunk of the resulting sales money, and the company would then team up with another creator in order to earn enough funds to pay its previous partner.
The breaking point: Each subsequent merch deal continued the cycleâuntil sales slowed to the point that Revolt couldnât fully compensate one of its most famous partners: MrBeast.
To make up the difference, the company allegedly altered invoices from its Chinese factory to charge MrBeast (and possibly other creators) more per product.
The full story: Those allegations are only the beginning. Check out our full article here (or watch Coffeezillaâs exposĂ©) to discover the screenshots, interviews, and receipts behind the YouTuberâs big investigation.
đ SPONSORED đ
Spotter is investing $1 billion in the worldâs top YouTubers. Theyâve already paid out $850 million and counting.
Find funding for your next major business moveâwithout sacrificing your creative freedom. As a leading creator company since 2019, Spotter has already paid out more than $850 million in immediate funding to more than 1,100 channel partners. Hereâs how it works:
Upfront Funds + Total Creative Control
When you partner with Spotter, youâll receive funding immediatelyâmeaning you could start revolutionizing your channel in a matter of days.
Everything You Need to Grow Your Brand
With deals ranging from $100,000 to $50 million, the possibilities are endless. Hereâs how top creators like MissDarcei and Airrack have spent their Spotter funds:
Exclusive YouTube Insights & Optimization Resources
Spotter understands that creating a world-changing catalog requires more than just capital. Thatâs why their team of optimization experts provides invaluable performance insights to better inform creatorsâ content strategy.
Visit Spotterâs website today to discover what your deal could look like.
HEADLINES IN BRIEF đ°
Kai Cenat totaled 109 million hours of watch time in 2023, making him Twitchâs top streamer of the year. (Tubefilter)
âYouTubeâs viewership share among 2-to-11-year-olds in the U.S. rose from 29.4% to 33% between September 2021 and September 2023. (Tubefilter)
âSpotifyâs platform now includes 100,000 video podcasts, with comedy shows accounting for 27.55% of all video podcast listening/viewing time. (Tubefilter)
âThe Twitch community has found creative ways to keep the âtopless metaâ alive despite the platformâs decision to reverse its easy-going âartistic nudityâ policy. (Tubefilter)
SURVEY SAYS
By the stats: Gen Z trusts YouTube a whole lot more than other platforms
A recent survey from Business Insider and YouGov has yielded some surprising insights into Gen Zâs perspectives on social media. The study included a sample of 1,800 Americans, more than one-third of who were Gen Z.
âTrustworthyâ vs. âUntrustworthyâ: Among other questions, Business Insider and YouGovâs survey asked respondents to rate social platforms as âvery trustworthy,â âtrustworthy,â or âuntrustworthy.â
According to that study, 59% of respondents born between 1997 and 2012 called YouTube âtrustworthyâ or âvery trustworthy.â
In comparison, 40% of Gen Z respondents reported trusting Instagram.
Only 30% of that group granted TikTok a trustworthy rating.
Even fewer Gen Zersâa measly 28%âshowed confidence in Facebook.
The final outcome: YouTube earned the trust of the highest percentage of Gen Z respondents, while TikTok and Facebook ranked as the least trustworthy platforms among the same age group.
In other words: YouTubeâs bulked-up trust and safety measures seem to be paying offâbut TikTokâs own efforts to prioritize U.S. data security may not be enough to satisfy young American users.
WATCH THIS đș
Meet Logan LeDouche: Logan Paulâs South Park doppelganger
South Park spares no man. The showâs latest Paramount+ special took aim at YouTuber Logan Paul by introducing viewers to Logan LeDouche, an animated vlogger intent on selling âhis favorite hydration drinkââaka âCredââto kids.
Paulâs response: The Prime co-founder didnât miss a beat before uploading a shot-for-shot remake of LeDoucheâs Cred-fueled marketing campaign. Check it out here.
Was this email forwarded to you? Subscribe here.â
Today's newsletter is from: Emily Burton, Sam Gutelle, and Josh Cohen. Drew Baldwin helped edit, too. It's a team effort.