15:49:20Local
YouTube Now Pays Amazon Commissions in 12 Countries. It Won't Tell Creators Which Video Made the Sale.An AI Startup Spent $280,000 on Roblox Clippers and Claims 1 Million Users. The Average Clipper Made About $50.Meta's Creator Ads Hit a $15 Billion Run Rate, Up $5 Billion Since April. Creators Get Only What They Negotiate.YouTube Guarantees Some Shorts Creators $300 a Month. In February, Channels Under 10 Million Views Lose Shorts Ad Pay.
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Elliot Padfield
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The Business

Elliot Padfield

Editor · The Business

Elliot writes about the companies, economics, and decisions shaping the creator economy, with a focus on campaign performance, attribution, and creator-led businesses.

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Money

YouTube Now Pays Amazon Commissions in 12 Countries. It Won't Tell Creators Which Video Made the Sale.

YouTube Shopping added Amazon in India, the UAE, Saudi Arabia and Egypt on Monday, a week after signing AliExpress in four markets. Channels with 500 subscribers can now tag Amazon products in 12 countries. YouTube's own help page says creators can't see which video or product drove an Amazon sale, and the money arrives about two months later.

By Elliot Padfield● 3 min
Money

An AI Startup Spent $280,000 on Roblox Clippers and Claims 1 Million Users. The Average Clipper Made About $50.

ForgeGUI, an AI tool for Roblox developers, has used about $280,000 of clipping and UGC budget on Whop's Content Rewards, and its agency says the clips brought in more than a million users. One clipper says he has made more than $20,000. Spread across the 3,632 creators earning on the main campaign, the budget averages about $51 each.

By Elliot Padfield● 3 min
Money

Meta's Creator Ads Hit a $15 Billion Run Rate, Up $5 Billion Since April. Creators Get Only What They Negotiate.

Meta says partnership ads, the format that runs brand spend through a creator's handle, grew more than 97% to a $15 billion annual run rate. All of the media money goes to Meta. The creator's fee is a separate deal that Meta stays out of.

By Elliot Padfield● 3 min
Money

YouTube Guarantees Some Shorts Creators $300 a Month. In February, Channels Under 10 Million Views Lose Shorts Ad Pay.

An invite-only Shorts bonus pays a floor for posting 16 Shorts a month, at least in one invite creators shared. It arrives three months before YouTube cuts Shorts ad revenue for channels below 10 million views every 90 days.

By Elliot Padfield● 3 min
Money

Spotify's Podcast Memberships Let Creators Keep 90%. Its Old Fee Took Only 5.5%.

Spotify's new flat 10% fee nearly doubles its cut on every new paying member versus the 5.5% Podcast Subscriptions charged through Monday. It still undercuts Patreon's new-creator pricing.

By Elliot Padfield● 2 min
Money

POV Beauty Raises $15 Million After a Reported $20 Million First Year. Mikayla Nogueira Isn't Quitting Brand Deals.

Silas Capital led the creator-founded brand's Series A six weeks into Sephora. Fohr data shows Nogueira's sponsored Instagram posts fell 60% after launch, while her sponsored TikToks went up.

By Elliot Padfield● 2 min
Money

YouTube Invites Shorts Creators to Bonuses Up to ¥300,000 a Month. Ad Share Still Needs 10 Million Views.

Invite-only Shorts bonuses landing in Studio put caps as high as ¥300,000 a month on the table for 16 posts, while Shorts ad share still needs 10 million views in 90 days from February 2027.

By Elliot Padfield● 3 min
Money

LinkedIn CEO Says Workfluencers With Day Jobs Land $10K+ Brand Deals. Creators Earn 6x Last Year.

LinkedIn CEO Daniel Shapero told Fortune that professionals who keep their day jobs are landing brand deals worth hundreds to tens of thousands of dollars, with creators earning six times last year's advertiser payouts.

By Elliot Padfield● 2 min
Money

Billion Dollar Boy Buys a B2B Creator Agency for Multimillions. It Forecasts $100 Million Revenue by 2027.

Billion Dollar Boy Group's first acquisition is an all-cash, multimillion deal for Creator Authority, and the buyer says the combined group will clear $100 million in 2027 revenue.

By Elliot Padfield● 2 min
The Business

Bethenny Frankel Says Brand Deals Alone Top $20 Million. Now She's Building Bethenny Media Around Equity.

Bethenny Frankel is folding BB Endeavors into Bethenny Media, a company spanning content, brands, commerce and equity, after saying brand deals alone already clear $20 million a year.

By Elliot Padfield● 2 min
Money

Pakistan Taxes YouTubers on a Rs195 RPM. Earn Less, and You Have to Prove It.

Pakistan now assumes monetized creators earn at least Rs195 (about $0.71) per 1,000 YouTube views, caps expenses at 30% and puts the burden of proof on them.

By Elliot Padfield● 3 min
Platforms

Meta Bans TikTok Ads on Instagram and Facebook in 7 Countries. Third-Party TikTok Links Out Too.

Meta stops ByteDance ads on Instagram and Facebook in seven countries — and blocks third-party Meta campaigns that send users to TikTok — as the platforms fight over creators and ad dollars.

By Elliot Padfield● 2 min
Field Guide

How to Get a Faceless YouTube Channel Monetized in 2026

Faceless does not equal banned. YouTube's monetization review tests originality and authenticity — inauthentic mass-production and reused material — not whether a human face appears on camera.

By Elliot Padfield● 9 min
Money

Roblox Turns DevEx Into Royalties on 1 November. Overseas Creators Face Up to 30% U.S. Withholding.

Roblox reclassifies DevEx as royalties on 1 November. Foreign creators face up to 30% U.S. withholding on U.S.-player earnings, 24% without valid tax forms.

By Elliot Padfield● 2 min
Money

SAMY Buys Get Engaged for a Low Nine-Figure Sum. The Agency Behind 50 Cent's DoorDash Spot Becomes Its U.S. Arm.

Cash and stock, all three founders stay, and the Bridgepoint-backed buyer last reported €100 million in annual revenue. Get Engaged's revenue is undisclosed.

By Elliot Padfield● 2 min
Platforms

YouTube Cuts Shorts Reach for Clip Channels. Clippers Are Paid $1 to $4 per 1,000 Views.

YouTube will cut Shorts reach for channels that mainly re-upload other creators' clips. For clippers paid per 1,000 views, less reach is a pay cut.

By Elliot Padfield● 2 min
Commerce

Aspire Hands Global Creator Payouts to Lumanu. Book Already Tops $100 Million.

Aspire, which says it pays creators more than $100 million, picks Lumanu for tax, FX, and payouts in 180-plus countries as it pushes enterprise global campaigns.

By Elliot Padfield● 2 min
Commerce

ShopMy Spotlights Turns Affiliate Posts Into Meta and TikTok Ads. MUTHA Cites 140% GMV Lift.

ShopMy opens Spotlights so brands can run proven affiliate posts as Meta Partnership Ads and TikTok Spark Ads on commission, not upfront fees. MUTHA cites 140% GMV.

By Elliot Padfield● 2 min
Platforms

Instagram Live Video Ads Go Generally Available. Korea Soft: Meta Cites 24× Viewers and 2.7× ROAS.

Instagram Live video ads go generally available from 29 September as Partnership Ads on creator Lives. Korea Soft: Meta cites 24× viewers and 2.7× ROAS.

By Elliot Padfield● 2 min
Platforms

TikTok Pays Alabama at Least $100 Million. Teen Limits Arrive Before the First State Trial.

Alabama's first-in-nation TikTok teen-safety settlement sets a $100 million floor — up to $300 million — and hard daily, overnight, and feed limits before the state's trial could open.

By Elliot Padfield● 2 min
Platforms

YouTube Watch With: Reactors Keep Live Ad Revenue. Uploaders Get Views and a Veto.

Expanding Watch With to eligible long-form videos later this year, YouTube says reacting streamers keep live ad revenue and fan funding while original uploaders get attribution, Studio view credit, and control over which videos can be used — with no revenue share disclosed for the source channel.

By Elliot Padfield● 2 min
The Business

101 Studios Puts Up to $25 Million Behind Jack's Dining Room Creators

The Yellowstone studio is committing capital to Yes Chef Studios with Jack Goldburg and Liam Henning, aiming to build scripted and unscripted food shows and a bench of new food creators — with Jack keeping ownership in the deal.

By Elliot Padfield● 2 min
Platforms

YouTube Says India Shopping Payouts Jumped More Than 160%. Amazon Joins the Shelf.

Average affiliate payouts to Indian creators more than doubled-plus between the first quarters of 2025 and 2026, YouTube said, as Amazon, Meesho, AJIO, Snapdeal and Tata CLiQ expand the merchant shelf ahead of festive season.

By Elliot Padfield● 2 min
The Business

Netflix Signs ChuChu TV. 180 Million YouTube Subscribers Enter the Streamer Pipeline.

Five days after Disney locked Like Nastya into a development pact, Netflix takes four collections from India's biggest preschool YouTube brand — via Cookbook Media — and puts the audience numbers on the table while keeping the check quiet.

By Elliot Padfield● 2 min
The Business

After a $500 Million Valuation, Unwell Puts Four New Shows on YouTube First

Alex Cooper's media company confirms three new series and one returning franchise for its fall slate, weeks after WTSL marked the business at half a billion — and keeps testing formats where the audience already is.

By Elliot Padfield● 2 min
The Business

SiriusXM Locks Giggly Squad in a Four-Year Deal. Sources Put the Check Near $160 Million.

Hannah Berner and Paige DeSorbo move their top comedy podcast from Acast to SiriusXM with exclusive distribution and global ad sales across audio and video. Financial terms undisclosed by the company; The Hollywood Reporter's sources peg $160 million.

By Elliot Padfield● 2 min
The Business

Disney Signs Like Nastya. 450 Million YouTube Subscribers Enter the Studio Pipeline.

Like Nastya's first major-studio development deal covers Disney Jr./Disney+ animation, live-action family content, and library licensing. Terms undisclosed.

By Elliot Padfield● 2 min
The Business

UK Creator Partnerships Forecast at £1.217 Billion. IAB Still Hunting a Shared View

IAB UK forecasts £1.217bn in creator partnership spend for 2026 — first time over £1bn — as CreatorFronts admits the basic unit of value still isn’t standardized.

By Elliot Padfield● 3 min
The Business

Steven Bartlett and Authentic Aim to Deploy Up to $400 Million Into Creator Businesses

Steven.com and Authentic Brands Group launched OBSN on Monday. The partners say they will put up to $400 million into creator-led companies over the coming years — capital plus brand, product, and distribution, not another fragmented retainer stack.

By Elliot Padfield● 2 min
The Business

Nearly One in Five Creators Say a Brand Asked Them to Skip Disclosure

SheSpeaks surveyed 365 creators for Business Insider. Eighteen percent said a brand explicitly asked them not to label a paid partnership in the past year. Creator self-disclosure also slipped versus a decade ago.

By Elliot Padfield● 2 min
Platforms

X Cuts Final Revenue Sharing Payout Today. OCR Needs 500K Verified Impressions.

X expects to cut the last Creator Revenue Sharing checks today, covering earnings through 7 September. From here, creators who want platform money apply into Original Content Rewards — and the old 5 million organic-impression gate is gone.

By Elliot Padfield● 2 min
Money

GigaStar Opens FINRA Broker-Dealer Trading for YouTube AdSense Shares. Company Says $100K Cleared.

Channel Revenue Tokens sold under Reg CF can move after a 12-month hold. FINRA BrokerCheck lists GigaStar Securities as a digital-asset ATS.

By Elliot Padfield● 2 min
Funding

Fluencify Raises $4.3 Million Pre-Seed. Claims $2 Million ARR in Six Months.

byFounders led. Wave Ventures joined. Cross-border creator payouts sit inside an agent-run campaign stack.

By Elliot Padfield● 2 min
Platforms

YouTube Will Auto-Label Undeclared Brand Deals. Age and Country Gates Open on Declaration.

Declared paid promotions unlock per-market age and locale limits. Automated labels for undeclared branded content are scheduled for the coming months — with no published go-live date.

By Elliot Padfield● 2 min
Platforms

X Moves U.S. Creator Payouts to X Money. Stripe Stays Outside the U.S.

Original Content Rewards and subscriptions now settle through X Money in the United States. Non-U.S. creators stay on Stripe. Revenue Sharing still ends 7 September.

By Elliot Padfield● 2 min
Funding

CreatorFi Raises $45 Million. Advances Usually Take Half of Platform Revenue.

Combined debt and equity for creator-led media businesses. Checks typically run $500,000 to $5 million against YouTube, TikTok, Spotify and Roblox cash flows.

By Elliot Padfield● 2 min
Platforms

Later Paid Creators More Than $300 Million. Mavely Is Now Later.

Affiliate network folds into Later's influencer stack. Links, commissions and the 1st/15th payout cadence stay. Company says revenue more than doubled in two years.

By Elliot Padfield● 2 min
Money

Fenix International's FY2025 Accounts Are Overdue. Last Filed Year Still Ends 30 November 2024.

Companies House now warns the OnlyFans operating company overdue. The year to 30 November 2025 was due 31 August. No annual accounts of that period are on the filing history.

By Elliot Padfield● 2 min
Platforms

X Ends Revenue Sharing September 7. The Replacement Publishes No Rate

Existing members keep earning through the cutoff, then reapply. Payouts turn on “qualified impressions” from Premium users on the Home Timeline. X did not publish a rate or a pool percentage.

By Elliot Padfield● 2 min
Platforms

YouTube Added Amazon Tags. Commissions Pay Two AdSense Cycles Later.

Eligible U.S. creators can tag products in Shorts, long-form and livestreams. Amazon still decides whether the account stays in good standing. Studio shows a daily total, not the video or the SKU.

By Elliot Padfield● 2 min
Platforms

Twitch Rewrote Its Content License the Day It Opened Amazon AI Training

The August 12 grant now covers “Twitch and/or its affiliates’ business.” A class action filed August 20 says the old purpose clause never licensed generative models, and Amazon has not published a rate.

By Elliot Padfield● 3 min
Platforms

Club Takes 20% of Creator Payments. Kick Still Markets 95% on Subs and No Direct Pay on Ads

The 20% is in Club’s own terms. Kick has not changed its subscription split, and its ads help page still says creators get no direct additional payment.

By Elliot Padfield● 2 min
Platforms

YouTube Offers Creators Millions to Stay Off Netflix, Talks Unclosed

Bloomberg reported timed exclusives plus marketing and brand-deal penalties. No contracts signed. This is not a Partner Program change.

By Elliot Padfield● 2 min
The Business

Acast Paid 1.24x Revenue for Backyard Ventures

$16 million cash at close plus $4 million in deferred Acast shares. Completion was concurrent with signing.

By Elliot Padfield● 2 min
Platforms

YouTube Counts a View From the First Frame From August 24

The public number under a video is no longer the figure that pays the Partner Program. YouTube did not say how much counts will rise.

By Elliot Padfield● 2 min
Platforms

YouTube Stops Shorts Pay Below 10 Million Views From February 2027

YouTube did not say how many of the more than 3 million YPP channels it claims currently sit under the Shorts floor.

By Elliot Padfield● 2 min
Platforms

Snapchat Stops Recommending Wholly AI-Generated Videos on Spotlight

The July 31 update changes recommendation eligibility. Snap did not explain whether that also removes a video's eligibility to earn ad revenue.

By Elliot Padfield● 2 min
Money

MrBeast Court Docs Put Sponsor Segments at Around $2.5 Million

Business Insider reports Beast Industries had $91 million in contracted brand deals heading into 2025, including T-Mobile and Amazon commitments.

By Elliot Padfield● 2 min
The Business

Xfinity Launches Creator Competition on TikTok and Instagram

The seven-part show starts August 5 on Xfinity's social accounts and places the company's internet service inside the competition.

By Elliot Padfield● 1 min
Platforms

YouTube Ad Revenue Reached $11.1 Billion in Q2

Ad sales rose 13% from a year earlier. Alphabet pointed to World Cup-related strength alongside direct response, brand advertising and living-room viewing.

By Elliot Padfield● 2 min
Platforms

YouTube Gives Partner Creators Custom Shorts Thumbnails

The upload control is starting with YouTube Partner Program channels; Ask Studio can now generate and revise thumbnails only for long-form videos.

By Elliot Padfield● 2 min
Platforms

TikTok Tests Paid Microdrama App LimeShorts in the U.S.

Business Insider reports full access costs $20 a week or $200 a year; Apple's U.S. listing labels a $19.99 Weekly Pass but also describes that price as monthly.

By Elliot Padfield● 2 min
Platforms

Facebook Will Test Opening Straight Into Full-Screen Video

The test starts later this year in unspecified video-heavy countries, with a Feed-first opt-out and only a possible U.S. expansion next year.

By Elliot Padfield● 2 min
Platforms

YouTube Turns Creator Playlists Into TV-Style Shows

Shows may surface in search, Recommended shows and Continue watching, giving serialized creator videos a presentation designed for bigger screens.

By Elliot Padfield● 2 min
Funding

Passionfroot Raises $15M for B2B Creator Marketing

Insight Partners led the Series A, which will fund Passionfroot’s Zest AI agent, creator dataset and U.S. expansion. No valuation was disclosed.

By Elliot Padfield● 2 min
Platforms

TikTok Shop Tests a $10,000 Managed Service for Sellers

Business Insider reports the August pilot adds a 10% to 20% sales commission; TikTok’s terms put ads, creators and AI content inside the plan while keeping product and compliance liability with sellers.

By Elliot Padfield● 2 min
Platforms

YouTube’s U.S. Creator-Economy GDP Estimate Passed $60B in 2025

The 2025 U.S. report puts the ecosystem above 540,000 full-time-equivalent jobs, compared with 490,000 in YouTube's 2024 estimate.

By Elliot Padfield● 2 min
Platforms

TikTok’s NBA and WNBA Deal Tries to Turn Highlight Watchers Into Live Viewers

TikTok says its 2026 NBA Finals hubs generated 497 million impressions and 426,000 watch referrals, figures that do not show how many people completed a tune-in.

By Elliot Padfield● 2 min
Money

Podean’s Sixth Acquisition in Nine Months Adds 70 TikTok Shop Specialists

Social Commerce Club will retain its brand and leadership inside the combined business. Podean did not disclose the deal's financial terms.

By Elliot Padfield● 1 min
Platforms

Madonna’s Album Premiere Became TikTok LIVE’s Biggest Artist Broadcast

TikTok says 2.16 million unique viewers watched the July 2 Confessions II event, a record limited to its standalone artist broadcasts.

By Elliot Padfield● 2 min
Platforms

Good Mythical Morning Comes to Netflix and Stays on YouTube

New episodes of Good Mythical Morning, Mythical Kitchen and Last Meals will reach Netflix and YouTube on the same day starting September 7.

By Elliot Padfield● 2 min
The Business

Cannes Put 250+ Creators Where CMOs Spend. Now the Deals Have to Follow

A €1,245 creator pass, Adobe-backed beach and content studios put creators beside brand buyers; the harder question is how much access becomes signed budget.

By Elliot Padfield● 5 min
Research

7,095 TikTok Videos Show Teen Ad Rules Can Miss Influencer Posts

The formal ad product looked DSA-compliant. The risk was sponsored-looking creator and brand posts that kept reaching minor accounts through the recommendation feed.

By Elliot Padfield● 6 min
Platforms

Yahoo Turned Its NBA Draft Expert Into an AI Chatbot. Brands Need the Rights Terms

Yahoo reaches 250 million monthly U.S. users, and its NBA Draft bot shows why brands need approval, disclosure, and payment terms before turning a creator's expertise into AI.

By Elliot Padfield● 5 min
Platforms

78 U.S. World Cup Matches Put Creator Trips Inside Visa Review

The U.S. hosts 78 of 104 World Cup matches, and CBP/DHS say foreign influencers making paid content on visitor status may be working illegally.

By Elliot Padfield● 5 min
Platforms

Klipy Raised $3.8M as Tenor's API Shutdown Reopens the Meme Infrastructure Market

Google will decommission current Tenor API integrations on June 30, and Klipy says 8,500 developers and 40,000 creators have migrated since January.

By Elliot Padfield● 5 min
The Business

P&G and Albertsons Built Rico's Tacos Around 25 Grocery Trips. Now the Store Has to Prove the Lift

Albertsons and P&G will launch Rico's Tacos on June 23, using 25 shopper-trip insights, 15-second store teasers, app viewing, and sales measurement to test branded entertainment as retail media.

By Elliot Padfield● 5 min
What Worked

e.l.f. Put Hair on TikTok Shop First. 77% of Its Community Had Already Asked for It

e.l.f. Hair opened on TikTok Shop on June 16 before Target, after a limited hair test sold out in 48 hours and brought in 65% new e.l.f. customers.

By Elliot Padfield● 4 min
Field Guide

What Is Creator Clipping? How Brands Turn One Video Into Hundreds of Posts

The marketer's guide to clipping campaigns, pay-per-view creator rewards, platforms like Content Rewards, Whop, Vyro, and Mainstage, and the checks that keep cheap reach from becoming bad media.

By Elliot Padfield● 6 min
Money

Substack Is Quietly Building an Ad Network for Newsletters

Substack says its first flagship sponsors are putting millions into creators, turning paid newsletter trust into brand inventory without calling itself an ad platform.

By Elliot Padfield● 5 min
Platforms

New York Just Made AI Influencers a Compliance Problem

New York can now fine undisclosed synthetic-performer ads $1,000, forcing brands using AI influencers to prove the label survived every post.

By Elliot Padfield● 5 min
Platforms

AI Influencers Are Getting Harder to Spot. Four Profiles Show the Disclosure Gap

Ana Zelu, Mia Zelu, Aitana Lopez, and Granny Spills all surface synthetic identity in profile copy, while TikTok, YouTube, and Meta policies still center on labeling AI media.

By Elliot Padfield● 5 min
Money

Creator Economy M&A Hit 81 Deals as AI and Commerce Pulled In the Funding

Quartermast and New Economies counted 81 creator-economy M&A deals in 2025, while large 2025 funding rounds clustered around AI, social commerce, and new communities.

By Elliot Padfield● 5 min
The Business

Kit Opened a 5,000-Square-Foot NYC Studio. Creator Software Is Moving Offline

Kit's 5,000-square-foot New York studio is free for Creator or Pro customers, putting professional production space inside the software subscription.

By Elliot Padfield● 4 min
Field Guide

Clipping Pays Up to $5 per 1,000 Views. The Disclosure Has to Travel With Every Post

Clip Tech says brands pay clippers up to $5 per 1,000 views, while FTC guidance still requires each paid endorsement to disclose the material connection where viewers will see it.

By Elliot Padfield● 6 min
Research

YouTube Affiliate Videos Clearly Disclosed Paid Links 12.2% of the Time

A 2 million-video YouTube study found 146,800 affiliate videos; 45.5% had any disclosure and 12.2% clearly told viewers about compensation and the linked relationship.

By Elliot Padfield● 5 min
Money

Accenture is buying Whalar’s 170-person agency — creator marketing has entered the consulting budget

Accenture is buying Whalar’s 170-person agency, with terms undisclosed and one outside estimate at $225M–$300M — a carve-out that turns creator marketing into enterprise growth infrastructure.

By Elliot Padfield● 4 min
The Business

A Synthetic Influencer's 2024 Brand-Deal Income Is Estimated at $2.5 Million. Eleven People Run the Comparable Account.

Lu do Magalu's ~$2.5M figure is a Kapwing rate-card model, not disclosed revenue — but the real story is the three cost lines a synthetic creator deletes, run by a team of eleven.

By Elliot Padfield● 5 min
Money

FaZe Clan Went Public at a $725M Valuation in 2022. GameSquare Bought It for About $17M in 2024.

FaZe closed its de-SPAC at about $725 million, then disclosed in the same proxy that sold the deal that it expected to miss its own revenue forecasts by 20% — GameSquare bought the whole company for roughly $17 million.

By Elliot Padfield● 5 min
Money

Substack Raised $100M at a $1.1B Valuation on About $45M in Revenue

The $1.1 billion price implies roughly 24 times forward revenue, all of it earned by taking a flat 10% of writer subscriptions — a cut Beehiiv and Ghost are undercutting at the top.

By Elliot Padfield● 4 min
Money

OnlyFans paid one owner $497M last year — more than its bottom ~397,000 creators earned combined

OnlyFans markets an 80% creator split, but its audited 2024 filing routed $497M to one owner — about what 397,000 average creator accounts earned all year.

By Elliot Padfield● 3 min
Creator Brands

Prime committed to buying 18.5M cases of itself a year — then a $67.7M suit showed demand never arrived

Congo Brands committed to buy 18.5M cases of Prime a year — a $67.7M bottler suit and Prime's 71% UK revenue drop show how far real demand fell short.

By Elliot Padfield● 4 min
Creator Brands

e.l.f. took a $57.6M charge because Rhode beat its targets — how an earnout punishes a winning acquisition

Hailey Bieber's Rhode ran so far past its earnout thresholds that e.l.f. marked the liability up $57.6M — flipping Q4 to a $49.4M GAAP loss on 35% sales growth.

By Elliot Padfield● 4 min
Money

GameSquare paid 0.69x revenue for Click Management — the multiple the roll-up actually clears

GameSquare bought Click Management — $12.4M revenue, 545 deals, 75 creators — for $8.5M, a 0.69x revenue mark that sits below almost every creator-economy M&A headline.

By Elliot Padfield● 4 min
Analysis

e.l.f. spends a quarter of sales on marketing and grew 28 straight quarters — the always-on creator loop behind it

e.l.f. held marketing near a quarter of net sales while L’Oréal’s ad-and-promo ran 32.4% — and rode 28 straight quarters of growth to $1.31B. Here’s the always-on creator engine closing the gap.

By Elliot Padfield● 5 min
Creator Brands

Coty paid $600M for half of Kylie Cosmetics — then its filings put revenue at a third of the public figure

Coty’s 8-K pegged Kylie Cosmetics at $177M in trailing revenue; months later its filings let Forbes reset 2018 sales to ~$125M against the ~$360M the family had promoted — the gap a public-company audit forced open.

By Elliot Padfield● 4 min