Roblox pays out $741M šŸ¤‘

Creators are cashing in.

TOGETHER WITH

Itā€™s Thursday and the owner of Tinder, Hinge, and OkCupidĀ is swiping right onĀ OpenAI. ChatGPTā€™s response to the new partnership: ā€œIā€™m thrilled that Match Group matched with me.ā€

CREATOR PAYDAY

Roblox paid out a whopping total of $741M to creators in 2023

2023 was a profitable year for Robloxā€™s creator communityā€”especially for the 100 devs who became millionaires by selling in-game assets.

The stats: According to a company filing, Roblox paid out $741 million to 12,000 creators in 2023 (a 19% year-over-year monetary increase from 2022). Hereā€™s how the numbers shook out:

  • About 3,500 developers earned at least $10,000.

  • Around 750 devs crossed the $100,000 mark, and a lucky 100 earned at least $1 million.

  • Finally, nine developers struck gold by earning $10 million or more in yearly sales.

The context: With nearly two decades and 180 million daily active users under its belt, itā€™s little surprise that Robloxā€™s operations have attracted a fair amount of scrutiny. Past investigations have questioned whether the sandbox titleā€™s underage game devs are properly compensated.

  • Now, Roblox is doing its best to put those questions to bed. Combined with 2023ā€™s higher payout, the platform has revamped its Creator Marketplace to give creators 100% of the earnings from assets like models and plugins.

Why it matters: The rise of the metaverse is bringing Robloxā€™s community of forward-thinking creators and underage users into the spotlight. The majority of Roblox users are 16 or youngerā€”a demographic that can be difficult to woo through traditional marketing.

  • Brands seeking to appeal to those Gen Z and Gen A consumers are increasingly turning to Roblox, where major companies like Lionsgate and creator-led brands like Mark Roberā€™s Crunchlabs have already launched branded experiences. That phenomenon brings about a myriad of opportunities for Robloxā€™s thriving dev community, which stands to increase its profitability through brand collaborations and campaigns.

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HEADLINES IN BRIEF šŸ“°

COLUMNS ā€¢ CREATORS ON THE RISE šŸ“ˆ

This Celine Dion devotee is bringing TikTok viewers back to the ā€˜90s

Alexander Joe (aka @alexbegs) ā€œalways wanted a platform.ā€ He just didnā€™t know Celine Dion would help him realize that dreamā€”at least, not until the COVID-19 pandemic hit.

How it started:Ā Like ā€œa lot of creative people,ā€ Alexander Joe began questioning his 9-to-5 career trajectory in 2020. He was starting to feel seriously bogged down by work and school when a professor suggested he check out TikTok.

  • It didnā€™t take long for Alexander Joe to find his niche. The creatorā€™s first seriesā€”a ā€œcampyā€ take on life in the Midwestā€”earned him 100,000 followers.

ā€œI just tapped into, I guess, a Midwest mom, a single mom who works too hard, who loves her kids and never stops, to quote Reba McEntire, and just comes home from a hard day, has a glass of wine.ā€

  • His second series was an even bigger hit. A video of Alexander Joe drinking wine while listening to Celine DionĀ scored 10 million views almost overnight. Clearly, ā€˜90s nostalgia and Midwest mom-core was the way to go.

How itā€™s going:Ā That content has now earned Alexander Joe more than 900 million followers, and heā€™s spent the last year embracing his ā€œhealing girlā€ era. The creator has fully recommitted himself to being present, spending time with family and friends, and taking some well-deserved breaks.

Whatā€™s up next:Ā The next era of Alexander Joe has arrived. With 2024 in full swing, the TikToker is ready to ā€œdive in more to content creating and do a lot of different series,ā€ including longer YouTube videos and (hopefully!) a podcast.

DATA ā€¢ GLOBAL TOP 50 šŸ“Š

MaviGadget is back on top with 664M views. Can a thumbnail aficionado keep up?

Three YouTube channels topped the worldwide charts during the third week of Februaryā€”but only one scored at least 650 million views.

šŸ›ļø The gadget hub (664.6M views): After ranking as the #2 most-viewed U.S. channel for the month of January, MaviGadget is enjoying a similarly viral February.

  • The channel (which touts itself as a ā€œunique marketplaceā€ for gadgets and gizmos) rose to #1 in our latestĀ weekly Global Top 50 chart thanks to a seven-day viewership increase of 58%.

MaviGadget has already topped 1.5B views this month. Data from Gospel Stats.

šŸ’… The thumbnail artist (6.04M views): ToRung might not occupy the top spot it claimed last week, but the Vietnam-based Shorts channel is still holding its own.

  • The hub leveraged its provocative (and often unnerving) thumbnails to score more than 600 million views in the third week of Februaryā€”despite claiming less than half as many subscribers as MaviGadget.

šŸŽøĀ The music giant (557.1M views): T-Series almost always finishes at #1 or #2 in the Global Top 50. This week went a little differently: the most-watched and most-subscribed YouTube channel of all time lost 19% of its traffic week-over-week, dropping it to third place in our worldwide ranking.

WATCH THIS šŸ“ŗ

Would the CEO of YouTube survive a day as a creatorā€™s intern?

A star-studded collab: Neal Mohan might be the CEO of YouTube, but Haley Kalilā€”aka Haleyybayleeā€”called the shots for (most of) the pairā€™s recent collaboration. The creator/exec duo linked up for an Undercover Boss-style sketch in which Mohan endured a day as Kalilā€™s intern. The result: a video with some serious The Devil Wears Prada vibes and an unfortunate ending for Kalil.

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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.