YouTube now has 1.5bn monthly logged-in viewers

YouTube used the VidCon conference in California last night to announce a major new milestone for its service: 1.5bn monthly viewers, up from its previous public stat of ‘more than 1bn’. Which means, among other things, that music-rightsholder bodies will be dashing to update their estimates of YouTube’s music audience for value-gap lobbying purposes. But […]

Twitter’s Periscope adds ‘Super Hearts’ tipping

Twitter’s live-streaming video service Periscope is finally taking a leaf out of rivals’ books by introducing a tipping feature to help broadcasters make money. It’s called ‘Super Hearts’ and launched yesterday within Periscope’s Android and iOS apps. “Super Hearts are new types of hearts that are larger, animated and more fun to give,” is how […]

Latest Vice Media funding round values company at $5.7bn

The digital video bubble isn’t bursting just yet: Vice Media has raised a new funding round of $450m that values the company at $5.7bn. The latest round comes from a single source, private-equity investor TPG, which you may remember also dived in to Spotify’s $1bn of convertible-debt financing last year. Vice Media, which now runs […]

Time Warner commits to $100m two-year Snapchat spend

Snap, Inc’s public status means we have much more information on Snapchat’s financials: including heavy net losses of $372.9m in 2015 and $514.6m in 2016 alone. Striking big content and advertising deals with big media companies is a key part of the company’s ambitions to move into profit, with the latest such partnership announced overnight. […]

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