[ad_1] GoPro has announced that it will lay off 200 employees or around 20 percent of its workforce due to the coronavirus pandemic. It aims to reduce expenses by about $100 million by switching the majority of its business to a direct-to-consumer model. The company said that Q1 revenue will be less than half of […]
Category: revenue
Instagram brought in more money than YouTube in 2019
[ad_1] The site might be more profitable, too. YouTube shares most of its ad revenue with creators, and its video-only focus could mean steeper costs for streaming clips. Facebook has declined to comment on the data. The company hasn’t broken out Instagram’s revenue so far, and at last check hasn’t updated Instagram’s user count beyond […]
Sony’s PS4 is the second best-selling console of all time
[ad_1] The drop in numbers make it pretty clear that the PlayStation 4 is arriving to the end of its life. Not only are unit sales down, but gaming revenue and profit dropped as a whole by 17 percent and 35 percent, respectively, over 2018. Sony expects 2019 PS4 sales to be less than it […]
YouTube offers tiered membership levels to boost creators’ revenue
[ad_1] Building off of Super Chat, which allows fans to pay for comments that appear at the top of a livestream, YouTube is adding Super Stickers. Users will be able to purchase animated stickers to share during live streams and premieres. YouTube is also adding more partners to its Merch shelf, so creators can now […]