Monday, September 19, 2022

Spotter Claims $600M In YouTube Investments

Los Angeles-based Spotter, a company which provides cash payouts to YouTube creators for rights to existing and future content, claims it has deployed $600M in capital to YouTube creators. The company says it pays cash to creators for their catalogs, through licensing their existing videos or future video uploads, allowing those creators to spend, invest, or spend those funds any way they wish; the company said its payments are not a loan and it does not take equity for those payments. The company is led by Aaron DeBevoise, who formerly was chairman and CEO of Network of One; co-founder and board member at StyleHaul; and co-foudner and EVP of Network Programming at Machinima.

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