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Transcripts for BBCNEWS The Engineers 20210823 00:44:00

so she prefers to paywall content. other people say they don t want to take any money from the audience and they like the ad model, so it really depends on the creator. some have seen success and some haven t. but if you are a traditional outlet a newspaper ora broadcaster, how do you see the arrival of a concept like this? is this something to be wary of? is this something to try and work alongside? i don t know if it s to be wary of. i think we re seeing this really interesting thing happen now where some journalists are going independent. they have really big twitter followings and loyal audiences and are going off on their own and joining sub stacks. so i think that s something to watch for traditional news rooms, but i don t know that patreon is really necessarily a threat to news outlets. what of other social media companies, though? we ve seen launches of, quote content creator funds by facebook, by tiktok. is that what they re trying to deal with now? they re suddenly think

Transcripts for BBCNEWS The Media Show 20210823 01:44:00

yes, we have over 8 million paying patrons as of last month when i last checked. we also have over 200,000 creators that are getting paid every single month right now. right, kaya how big an impact you think patreon is having, has already had? yes, i think it works for certain people. i spoke with a creator recently who makes 80% of her income through youtube channel memberships and patreon channel memberships and she said that really works for her because she doesn t want to do sponsored content and push ads in front of her audiences, so she prefers to paywall content. other people say they don t want to take any money from the audience and they like the ad model, so it really depends on the creator. some have seen success and some haven t. but if you are a traditional outlet a newspaper ora broadcaster, how do you see the arrival of a concept like this? is this something

Transcripts for BBCNEWS The Media Show 20210822 14:44:00

sponsored content and push ads in front of her audiences, so she prefers to paywall content. other people say they don t want to take any money from the audience and they like the ad model, so it really depends on the creator. some have seen success and some haven t. but if you are a traditional outlet a newspaper ora broadcaster, how do you see the arrival of a concept like this? is this something to be wary of? to try and work alongside? i don t know if it s to be wary of. i think we re seeing this really interesting thing happen now where some journalists are going independent. they have really big twitter followings and loyal audiences and are going off on their own and joining sub stacks. so i think that s something to watch for traditional news rooms, but i don t know that patreon is really necessarily a threat to news outlets. what of other social

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