Creator Revenue Sharing

Shaan proposes creating a creator-owned streaming platform specifically for comedy, where top comedians collectively own and control the platform, with revenue distributed based on viewership metrics.

Key Points:

• Platform Structure:

  • White-labeled version of Netflix-like streaming technology
  • Can be built in 6 months using standardized technology
  • Exclusively for comedy content
  • Potential billion-dollar valuation

• Creator Ownership Model:

  • Platform owned by the comedians themselves
  • Meritocratic revenue sharing based on viewership
  • When subscribers join because of specific comedian's content, that comedian gets the revenue
  • New comedians can join the syndicate as they rise up

• Key Requirements:

  • Need to coordinate major comedians (like Chappelle, Kevin Hart) to participate
  • Requires top talent as initial draws
  • Fans must be willing to "jump the fence" and pay for content

• Revenue Model:

  • Subscription-based service
  • Revenue distributed proportionally based on audience contribution
  • Each creator gets their share based on how many viewers they bring to the platform

• Challenge Identified:

  • Main obstacle is coordinating the key artists to participate
  • Need for new fan acquisition (as noted by Chappelle's counter-argument about Netflix's ability to reach new audiences)