“The financial model in the first 20 years of the web was turning it into a billboard,” said Conte.
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Last September, the company announced $90 million in new funding, giving it a valuation of $1.2 billion. More than 200,000 creators earn income on Patreon from a total of more than 6 million patrons, and the company has paid more than $2 billion to creators since its formation, according to Conte. Patreon is hoping that by recruiting Budden, it will attract more creators. “We were no longer aligned in our paths and interests. More than three months later, Budden called his original Spotify exclusive pact “a great deal at the time” but that “the market changed.” “The relationship had run its course, if I’m being honest,” he said.
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Since then, he’s distributed “The Joe Budden Podcast with Rory & Mal” on Apple Podcasts, SoundCloud, Google and YouTube.įor its part, Spotify has said that the audio streamer made Budden “a considerable offer” that was “many times the value of the existing agreement and reflective of the current market and size of his audience.” In the end, Budden walked away, calling Spotify’s proposal a “bum-ass deal.” “This is for the fans who want more access.” Budden said he never considered putting everything behind a paywall: “I don’t believe you step off the porch and start asking for something from your audience.”īudden, 40, took his podcast off Spotify last fall when his two-year contract was up his last episode on the service was Sept. “We have so much more to say with the state of the world,” Budden said, beyond the regular twice-weekly podcasts with his friends Jamil “Mal” Clay and Rory Farrell.
#Man of the house patreon plus#
Friend of the Show ($25/month) includes all that plus new Joe Budden Network franchise content including behind-the-scenes content and episodes of a new show, “Journey.” Family ($10/month) steps that up to two bonus video podcasts per month plus merch discounts, patron-only polls and live event pre-sale codes. The entry-level Homies tier ($5/month) includes one bonus video podcast per month, priority notice on live events and access to a members-only chat community on Discord. Members who join the new Joe Budden Network on Patreon ( /joebudden) will have access to a range of exclusive benefits. Each of those is lower than the revenue-sharing splits virtually all other platforms take.
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#Man of the house patreon pro#
Patreon offers three different packages for creators, with additional features and benefits at higher levels: Lite (with the company taking 5% of earnings), Pro (8%) and Premium (12%). These platforms are paying creators a fraction of what they’re worth.”Īdded Conte, “Joe and I share an anger and an unwillingness to put up with the BS of these distributors and the current infrastructure.” “It’s not just Spotify, it’s YouTube, Google, Facebook and others. “Tech companies pay creators the minimum they can get away with,” Conte said. Having a platform like Patreon actually wanting to do right for creators, that was such an abnormal feeling - but it shouldn’t be.”Ĭonte, who cofounded Patreon in 2013 after he grew frustrated trying to eke out a living on YouTube as an indie musician, said he established the company precisely to give creators like Budden financial and creative freedom. “I walked away from those conversations with a good feeling. “We were aligned in our ideology and our view of things,” said Budden. Budden landed a phone call with Jack Conte, CEO of Patreon - and the two clicked.