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Jellysmack - 3 Sean Atkins - 3 — - 2 deprioritize - 2 it's - 2 Frederic Porcherot - 1 Jack Ojalvo - 1 X - 1
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Search resuls for: "Sean Atkins"


7 mentions found


☆ Jellysmack sold its catalog-licensing business JellyFi as it prioritizes core initiatives
  + stars: | 2024-05-15 | by ( Sydney Bradley | Dan Whateley | Amanda Perelli | ) www.businessinsider.com   time to read: +4 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCreator-economy startup Jellysmack has sold its catalog-licensing business, JellyFi, a company spokesperson told Business Insider. "Jellysmack's team has been extremely professional, and we hope to continue collaborating with them on many other opportunities," Copyright Capital's CEO Jack Ojalvo told BI in a statement. AdvertisementThe company entered the catalog-licensing business in early 2022, saying it would set aside $500 million for the effort. The company chose to deprioritize JellyFi in favor of more profitable core initiatives.
Persons: —, Frederic Porcherot, Jack Ojalvo, Jellysmack, Sean Atkins, deprioritize, X, it's Organizations: Service, Copyright, BI, Business, Keli Network, YouTube, Facebook, Creative, Jellysmack, Productions, Network Media LLC, Crime Network Locations: SoftBank
☆ Jellysmack raised a 9-figure war chest as the creator economy soared. Insiders say it bit off more than it could chew.
  + stars: | 2024-05-14 | by ( Sydney Bradley | Amanda Perelli | Dan Whateley | ) www.businessinsider.com   time to read: +20 min
But while the company's profile in the industry has stayed constant and swaggering, behind the curtain, its business has been increasingly troubled, 10 insiders told Business Insider. Creator economy professionals mingled beneath glowing jellyfish and coral light fixtures inside Jellysmack's creator lounge during VidCon 2023. "As a startup in the ever-evolving creator economy, we are constantly testing and adapting our business model," the Jellysmack spokesperson told BI in a statement. Advertisement"The world was falling apart with the pandemic, but early Jellysmack felt like a dream," the second former staffer told BI. BI viewed two Jellysmack contracts and an email exchange between Jellysmack and one of its creator clients to verify the practice.
Persons: —, SoftBank, lanyards, Jellymack, Jellysmack, YouTubers, Brad Mondo, Meta, Michael Philippe, Jellysmack cofounders Swann Maizil, Robin Sabban, Nathan Guetta, Condé Nast, Youri Hazanov, Sean Atkins, hasn't, Snapchat —, Amanda Perelli, JellyFi, deprioritize, that's, it's, Ollie Forsyth, They've Organizations: Service, Business, Facebook, influencers, BI, YouTube, Disney, Comcast, Keli, Big Tech, cryptocurrency, MTV, HBO, Copyright Capital, SoftBank, Productions, OKA Media, Network Media LLC, Crime, Star, Spotify, Crime Network Locations: VidCon, SoftBank
☆ Jellysmack president Sean Atkins is leaving the creator startup following recent layoffs
  + stars: | 2024-02-10 | by ( Amanda Perelli | Dan Whateley | ) www.businessinsider.com   time to read: 1 min
Jellysmack president Sean Atkins is leaving the creator-monetization upstart. Atkins was announced as president in September 2021 after serving as an advisor. Media executive Sean Atkins is out as president of creator startup Jellysmack, the company confirmed to Business Insider. His last day at the company is set for next Friday, a company spokesperson told Business Insider in an emailed statement. This story is available exclusively to Business Insider subscribers.
Persons: Sean Atkins, Atkins, Jellysmack, Stefanie Schwartz Organizations: Media, Business, Jellysmack Entertainment
☆ A leaked Jellysmack email shows how the rise of short video has sparked new challenges for creator startups
  + stars: | 2023-05-26 | by ( Amanda Perelli | Shriya Bhattacharya | Dan Whateley | ) www.businessinsider.com   time to read: +3 min
In an email to staff, its president said the "rise of short-form video" has sparked new challenges. A new round of layoffs at creator startup Jellysmack shows how much short-form video apps like TikTok have disrupted the creator-advertising ecosystem in just a few years. Jellysmack initially grew its business by helping creators repurpose YouTube videos on other ad-supported platforms like Facebook and Snapchat. Last January, it announced it had set aside $500 million to buy rights to older YouTube videos with the goal of making a profit from future ad earnings. It separately runs a creator-finance division called JellyFi, a program to help celebrities become digital content creators, and a division called JellySmash Productions that helps creators make and distribute content speedily.
☆ Creator startup Jellysmack has laid off staffers in the US and France. Here's the email its president sent to employees detailing the reasons behind the cuts.
  + stars: | 2023-05-25 | by ( Amanda Perelli | Shriya Bhattacharya | ) www.businessinsider.com   time to read: +9 min
Creator economy startup Jellysmack laid off staffers in the US and France on Thursday. The creator economy startup Jellysmack on Thursday laid off staffers in the US and France as part of a larger company restructuring, Insider has confirmed. This news comes shortly after the creator economy startup began hiring for a new M&A leader to help integrate companies that it buys. Jellysmack has had several rounds of layoffs in the last year, and laid of staffers in France in February, as The Information reported. Jellysmack go-to-market 2.0Jellysmack's mission has been to help creators go bigger, by bringing them products, services, and infrastructure that helps them grow.
☆ Jellysmack is hiring a new M&A leader as it eyes acquisitions in the 'near future'
  + stars: | 2023-05-09 | by ( Dan Whateley | ) www.businessinsider.com   time to read: +3 min
Creator company Jellysmack is hiring a new M&A lead to help integrate companies that it buys. Jellysmack said it's interested in M&A and could be "acquisitive in the near future." Creator startup Jellysmack is hiring a new executive to lead its M&A integration practice as the company looks to diversify its business and grow its content portfolio, a company spokesperson confirmed to Insider. "Jellysmack remains interested in the M&A market and could be acquisitive in the near future," the spokesperson said. "The VP, PMI role we are hiring for will ensure the integration of any acquisitions are successful."
☆ Creators say YouTube's new shopping features do 'next to nothing' to help them make money as they prepare for the holiday sales season
  + stars: | 2022-12-01 | by ( Tom Dotan | ) www.businessinsider.com   time to read: +5 min
Creators say YouTube's new commerce products generate insignificant revenue for them. YouTube said some creators have made it work and sold out products featured in live shopping events. Creators haven't yet expressed panic about the slow start to YouTube's commerce efforts. But it may be too early for the live shopping trend to have evolved among American consumers like it has in China, he adds. In the coming months though, creators hope YouTube tweaks the commerce products to make them more compelling to viewers.
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