Rumble Will Provide a 100% Creator Revenue Share for Subscription Badges Till The End of 2023

Rumble, a video-sharing platform, announced new monetization opportunities for creators through the end of 2023.

Rhea-AI Summary

Rumble, a video-sharing platform, announced new monetization opportunities for creators through the end of 2023. Creators will receive 100% of the revenue from monthly subscription badges priced at $5, enhancing their earnings potential. This initiative positions Rumble as a competitive player against platforms like YouTube and Twitch, aiming to expand its market share. The subscription badges, which provide a special badge during live chat, will also allow subscribers to watch ad-free content from their supported creators in the future. Rumble's goal is to empower independent creators and restore a free and open internet.

Positive

• Creators receive 100% revenue from subscription badges until the end of 2023.
• New subscription model aims to empower the creator economy.
• Plans to eliminate ads for subscribers, enhancing user experience.

Negative

• None.

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Rumble goes all-in for 2023 in an effort to support creators and take market share from incumbent platforms.

LONGBOAT KEY, Fla., March 29, 2023 (GLOBE NEWSWIRE) -- Rumble, the video-sharing platform (NASDAQ: RUM), announced today that creators will receive additional monetization opportunities through the end of 2023. For the rest of the year, creators will receive 100 percent of the revenue from the purchase of monthly subscription badges, which Rumble recently launched for the price of $5 per month. This move further empowers the creator economy and positions Rumble as a leader in supporting independent creators.

"The opportunity to take market share away from YouTube and Twitch is today, and we are going to capitalize on it," said Rumble Chairman and CEO Chris Pavlovski.

“For the rest of 2023, Rumble will pay creators 100% of the revenue they generate from subscription badges," he continued. “At the end of the day, I want to have a product that generates more revenue for creators than any other platform out there.”

The new subscription badges currently award users with a special badge during live chat, and in the near future will also turn off advertisements for subscribers on content by creators they support.

ABOUT RUMBLE

Rumble is a high-growth neutral video platform that is creating the rails and independent infrastructure designed to be immune to cancel culture. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: https://corp.rumble.com

Contact: press@rumble.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Rumble's new monetization plan for creators in 2023?

Rumble is allowing creators to keep 100% of the revenue from subscription badges, which are priced at $5 per month, until the end of 2023.

How does Rumble plan to compete with YouTube and Twitch?

Rumble aims to gain market share from YouTube and Twitch by offering better revenue opportunities for creators.

What benefits do subscription badges offer on Rumble?

Subscription badges grant users a special badge during live chats and will soon provide an ad-free experience for subscribers.

What is Rumble's mission?

Rumble's mission is to create a free and open internet, immune to cancel culture.

What are the price and features of Rumble's subscription badges?

Rumble's subscription badges are priced at $5 per month and currently feature a badge for live chat users, with plans for ad-free viewing in the future.