Patreon ups its revenue cut, but grandfathers in old creators

Patreon couldn’t survive charging all creators just a 5 percent rake on the monthly subscriptions they earn from fans while building commerce tools like CRMs and merchandise to try to stay ahead of Twitch, YouTube and Google. But it also didn’t want to screw all its loyal early creators. So today, Patreon is overhauling its […]

In a challenge to Twitch and YouTube, Facebook adds ‘Gaming’ to its main navigation

Facebook’s gaming efforts and challenge to Twitch are taking another big leap today, as the social network begins the initial rollout of a dedicated Facebook Gaming tab in the main navigation of Facebook’s app. The goal with the new addition is to help people more easily find games, streamers and gaming groups they follow, as […]

Meet the 19 startups in AngelPad’s 12th batch

AngelPad just wrapped the 12th run of its months-long New York City startup accelerator. For the second time, the program didn’t culminate in a demo day; rather, the 19 participating startups were given pre-arranged one-on-one meetings with venture capital investors late last week. AngelPad co-founders Thomas Korte and Carine Magescas did away with the demo […]

Camelot lets Twitch and YouTube audiences pay for what they want to see

As the streaming world continues to grow, startups are looking to take advantage of the opportunity and grab a slice of the pie, and indeed create new revenue models around it entirely.  Camelot, a YC-backed startup, is one of them. Camelot allows viewers to place bounties on their favorite streamers, putting a monetary value on […]

On the strength of its Mixer partnership, streaming toolkit developer Lightstream raises $8 million

Lightstream, a Chicago-based company that develops tools to augment live streams, has raised $8 million in new funding as it looks to add monitoring, management and monetization services to its suite of editing technologies. Last year, the company inked a partnership with Microsoft‘s live-streaming Twitch competitor, Mixer, to let streamers on the platform add professional […]

Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

Facebook will drive a hard bargain with influencers and artists judging by the terms of service for the social network’s Patreon-like Fan Subscriptions feature that lets people pay a monthly fee for access to a creator’s exclusive content. The policy document attained by TechCrunch shows Facebook plans to take up to a 30 percent cut […]

Fortnite goes big on esports for 2019 with $100 million prize pool

Epic Games, maker of the ultra popular Battle Royale game Fortnite, is putting up another $100 million in prize cash for competitive tournaments in 2019. The company made waves in the esports world last year, announcing a $100 million prize pool for the 2018 competitive year, dwarfing every other competitive title in one fell swoop. […]

Medal.tv’s clipping service allows gamers to share the moments of their digital lives

As online gaming becomes the new social forum for living out virtual lives, a new startup called Medal.tv has raised $3.5 million for its in-game clipping service to capture and share the Kodak moments and digital memories that are increasingly happening in places like Fortnite or Apex Legends. Digital worlds like Fortnite are now far more […]

2018 really was more of a dumpster fire for online hate and harassment, ADL study finds

Around 37 percent of Americans were subjected to severe hate and harassment online in 2018, according to a new study by the Anti-Defamation League, up from about 18 percent in 2017. And more than half of all Americans experienced some form of harassment, according to the ADL study. Facebook users bore the brunt of online […]

The competitors of Patreon

In December, Patreon CEO Jack Conte shared a list on Twitter predicting what being an independent content creator will be like in 10 years. One of his predictions was that there will be fierce competition between distribution platforms to get creators paid. That competition has already begun, which is good for creators, but is it […]