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— - 3 Jellysmack - 3 Sean Atkins - 2 deprioritize - 2 it's - 2 Michael Philippe - 2 hasn't - 2 Frederic Porcherot - 1
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Service - 3 BI - 3 Business - 3 Productions - 2 Network Media LLC - 2 Crime Network - 2 Copyright - 1 Keli Network - 1

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4 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
☆ Even the Kremlin called out Tucker Carlson for his diatribe against the media
  + stars: | 2024-02-07 | by ( Mikhaila Friel | ) www.businessinsider.com   time to read: +4 min
Tucker Carlson is facing backlash for stating that Western media hasn't tried to interview Putin. AdvertisementIt seems even the Kremlin thinks Tucker Carlson has gone too far in his criticism of Western media. The BBC noted that Carlson later changed his tone as the war progressed, saying: "Vladimir Putin started this war... However, Carlson has called Ukraine's President Volodymyr Zelenskyy a "dictator" who "is friends with everyone in Washington". In response to allegations that he is a pawn of Putin , Carlson told Axios in 2022: "I could care less."
Persons: Tucker Carlson, hasn't, Putin, Dmitry Peskov, Carlson's, —, Vladimir Putin, Mr Carlson, Max Seddon, Carlson, Evan Gershkovich, Steve Rosenberg, Volodymyr Zelenskyy, Axios, I've, I'm Organizations: Service, Kremlin, Fox News, Street, Financial Times, BBC, Radio, BBC News Locations: Russian, Ukraine, West, Moscow, Russia, Ukraine's, Washington, United States
☆ Tech startup Jellysmack laid off staffers in the US and France last month. Read the memo its CEO sent to employees about the restructuring, which includes a focus on AI.
  + stars: | 2024-01-19 | by ( Amanda Perelli | ) www.businessinsider.com   time to read: +7 min
The creator economy startup Jellysmack laid off staffers in the US and France last month, Business Insider has learned. Jellysmack works with creators on distributing their content across platforms like Facebook and Snapchat to earn additional ad revenue, among other initiatives. We have to realign our resources around areas of the business where Jellysmack is seeing the most success. We encourage everyone to support impacted employees by reaching out to your networks to help our colleagues find their next opportunities. Jellysmack Technologies - Led by Robin (interim), this unit will continue to develop self-serve tech solutions that solve the pain points of creators.
Persons: Jellysmack, Snapchat, Michael Philippe, Philippe, Michael Philippe ,, What's, Sean, Axel, , Robin, Michael, Swann Organizations: Business, Facebook, BI, CSE, Works, Our,  Jellysmack, Network Media Locations: France, French
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