The Brilliant Strategy Top Creators Use to Bypass Platforms and Keep 100 Percent of Revenue
The Brilliant Strategy Top Creators Use to Bypass Platforms and Keep 100 Percent of Revenue
A business that depends on resources it doesn’t control isn’t really a business; it’s a hostage to the whims and vagaries of others.
EXPERT OPINION BY HOWARD TULLMAN, GENERAL MANAGING PARTNER, G2T3V AND CHICAGO HIGH TECH INVESTORS @TULLMAN
A decade ago, when Cameo first started in Chicago and was working out of 1871, the tech incubator which I ran there at the time, only a few of us understood what the company’s long-term roadmap looked like and how utterly disruptive this little firm (with ugly videos from jocks in their cars and “D” level celebrities holding forth in their basements) was going to be for the entire entertainment industry.
One of the great ironies at the time was that the most cogent observation came from no less an authority than Snoop Dogg, now a noted Olympic commentator, who said: “There is no platform or middleman filtering my message anymore.” The idea that artists and musicians could bypass many expensive and controlling layers of agents and managers and directly reach out to and connect with their fans wasn’t exactly revolutionary, but Cameo and others were the earliest players to provide painless technology solutions and easy access to anyone and everyone who thought they had something important to say. However, the economic problem for the creators and content providers was still a sizable concern because Cameo as the platform provider took a healthy cut of the revenue earned in each transaction. It was a better deal, but not the right deal.
A business that depends on resources it doesn’t control isn’t really a business;........
