The online membership platform Patreon has been growing like gangbusters since it was launched in 2013 — and especially lately, at the expense of sites like YouTube that have changed up their algorithms and their advertising guidelines, demonetizing some creators’ content and seemingly making it harder for those creators and artists to generate revenue from their work.
Indeed, Patreon has been growing so fast that the company today announced it expects to pay out more than half a billion dollars to the platform’s artists and creators this year. That’s thanks to another big milestone the company simultaneously announced today — the fact that Patreon now has a whopping 3 million patrons supporting more than 100,000 creators on the service.
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Thanks to 3 million patrons, Patreon will pay out $500M to artists and creators this year originally appeared on BGR.com on Thu, 24 Jan 2019 at 00:09:05 EDT. Please see our terms for use of feeds.
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