Could Spotify Be the Next YouTube

Hi, I’m Jim Louderback and this is my weekly creator economy newsletter. If you’ve received it, then you are either subscribed or someone forwarded it to you.

If the latter – and you want to subscribe, get it here!

This Week: Spotify aims to take on YouTube with new monetization options – but how many creators will benefit?  TikTok rolls out new affiliate link options – adding complexity.  And some are predicting the end of the creator economy.  Don’t buy it, but good to know about.

And thanks to Whalar Group for sponsoring this week’s edition!

SPOTIFY EXPANDS CREATOR MONETIZATION PROGRAM

At first blush, Spotify’s latest program looks like a win for creators.  Podcasters will earn based on views in addition to the current ad-share options.    @Taylor Lorenz even wondered if this puts Spotify on the same level as YouTube.   Alas the program is very restrictive.  You must use Spotify for Creators to host your podcast and have at least 12 episodes available.  In addition, you’ll need over 2,000 unique listeners and 10,000 streamed hours over the last month – much higher than the 1k subs and 4k annual hours required for YouTube’s creator monetization program).  Given that the top 25 podcasts drive about half of listens/views, this will be far less impactful for creators than YouTube. Plus, it’s only available for US and Australian creators today. It’s a start.  But just that. 

  

TIME TO FOCUS ON YIELD MANAGEMENT

TikTok is now experimenting with affiliate links in creator videos, partnering with LTK, Amazon, Walmart and more.  Linktree and other link-in-bio companies are leaning heavily into shopping.  Motom lets creators and brands build their own custom store fronts.  And relatively new social commerce platform Flip is rapidly iterating and providing a new way for creators to earn.  Layer that on top of brand deals, performance marketing and more, and the in-video monetization options alone are staggering.  Fantastic, but overwhelming too.  Perhaps it’s time for a renewed focus on yield management to help creators calculate the best and most profitable options at posting time, so that the right monetization option gets added to maximize total return.  

  

THE DEATH OF THE CREATOR ECONOMY

I wouldn’t call it s*** posting, but this piece shows the other side of the creator economy boom.  I think AI will disrupt creators rather than the industry collapsing under its own weight but it’s always good to consider every alternative.  The comments are especially good. We’ll be debating this topic in a slightly different way in Dubai at the One Billion Followers Summit in January.

  

UPDATE FROM WEB SUMMIT

So much great stuff from Lisbon last week.  I got a preview Patreon’s upcoming super-fan research – due out in January – showing that your best converting fans like your content, want to know more about you as a creator – and like others in the community too.  I got a quick update from the CEO of Flip, the social shopping app that pays you based on views, not sales – which means you can be honest and still make moneyh.  One of the top tech vendors that helped to build the Sphere in Vegas got me thinking about how architects will need to collab with artists and creators in the future. I can’t wait for the Mark Rober / Frank Gehry partnership. My latest video wraps up the highlights from the New Media Stage that I hosted – and I’ll have a few behind the scenes videos popping up this week too!  Oh, and our 3rd annual Inside the Creator Economy / Influencers Club meetup was a smashing success.  I caught up with friends old and new as we partied under the Beaver Moon, with the 25 de Abril Bridge glittering in the background.  Also, I learned a new term.  Nollywood.  At least one studio there makes 2-3 movies a week for a few thousand dollars each.  The “N” stands for Nigeria.

 


SPONSOR:  NFL’s Creator of the Week season 2 is in full swing!  Week 9 highlights Adam W, a lifelong Jets fan whose enthusiasm lights up game day. From sharing his best Jets memories to celebrating his birthday at the stadium, Adam’s passion is contagious. Catch more Creator of the Week moments here: https://www.youtube.com/playlist?list=PLRdw3IjKY2gnaRishrbkK-RYzSvwih6u6 


    

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OTHER CREATOR ECONOMY

CREATOR TECH – AI, WEB3, VR, MORE

INSIDE THE ARCANE FANDOM

By Morgan Ward

Historically, film and TV adaptations of video games have been cursed. Netflix’s Arcane (2021-2024) broke this curse in every way possible. Based on League of Legends, Arcane explores how to curb a “toxic” fandom. The game is notorious for player misconduct – and publisher Riot Games was the central focal point for the “Gamergate” scandal where women and BIPOC employees suffered months of harassment internally and from fans.  Arcane defies this history by telling a League of Legends story featuring women and people of color.

This has bifurcated an established fandom into people who play the game but do not engage with the show and vice versa. The show has been huge for Netflix, with a 100% rating on Rotten Tomatoes, three Emmy nominations and is now the second most watched show on the platform with 6.3 million views last week. The show has moved beyond toxic fandom to focus on compelling and entertaining art. Fans love it, making complicated cosplays and re-edits that highlight the show’s stellar animation and character design. Arcane is a masterclass for creators and brand in how to not engage a toxic fanbase and how to reinvent a “damaged” franchise for new fans.

Go Deeper with Arcane Cosplayers and Fan Edits

100% written by me – no human or AI ghostwriters were involved in the production (except for the cover art!).

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I’ve built and sold multiple creator economy startups to top media companies – including Discovery and Paramount. Subscribe here on LinkedIn to get this newsletter every Monday.

Let me know what you think – email me at jim@louderback.com. Thanks for reading and see you around the internet. 

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