YouTube Fame Seekers New Money Making Plan

A startup called Vessel is courting online video stars with the promise of a bigger payday

Anna Akana has called YouTube home for a long time. The 25-year-old comedian has been posting sketches and web series on the world’s largest video site for five years, amassing a following of more than 1.2 million fans. She earns about $4,000 per month on the site thanks to her popular videos, like a recent sketch in which she was caught cheating on her boyfriend with her cell phone. The earnings have been enough to help her fund her often elaborate videos and short films, but certainly not enough to make her rich — or even well-paid.

“You can’t make that good of a living off YouTube anymore,” she says. “That also means you can’t reinvest a lot of that money into making more stuff.”

This year, though, Akana has a new, potentially lucrative revenue stream. She was one of the first online personalities to sign up for Vessel, a new video site attempting to straddle the line between the TV-like original video content on Netflix and the user-generated free-for-all on YouTube.

Read more: http://time.com/3910162/youtube-money/?xid=tcoshare

Artist Banking

The new formation of First Artist Bank (FAB), aims to provide artists from all disciplines with a one-stop shop for money management, as well as aid in monetization and product marketing.

Here's a synopsis of their services:

Advisory - FAB works closely with artists to help them understand their brand, create new revenue streams, attract financial backing, and engage directly with the fans.

Banking - FAB is built to serve the global artist community and has tailored a full suite of banking services to meet the unique demands [of] our clients.

Funding - FAB is building a funding exchange where artists can meet and collaborate with multiple funding sources from crowd financing and brand sponsorships to traditional bank loans and institutional investors.

Reporting - FAB works with its partners to understand their businesses and deliver accurate, engaging, easy to use reporting that is accessible however and whenever the client needs it.

Check the site for a whole bunch of Vimeo videos. 

www.fab.us

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