Joe Budden, a former rap star, has transitioned into a media personality with the Joe Budden Network, which averages $1.04 million monthly from 70,000 Patreon subscribers. He emphasizes maintaining independence as a creator, avoiding attachment to major media companies. The network projects over $12 million in subscription revenue by 2025, with advertising also contributing significantly. Budden and Chief Executive Ian Schwartzman aim to educate new media personalities about financial transparency and the benefits of independence instead of pursuing traditional network contracts.
The Joe Budden Network averages $1.04 million per month on Patreon thanks to its 70,000 paid subscribers, reflecting a strong independent revenue stream.
Budden and Schwartzman emphasize the importance of maintaining independence as creators while sharing their impressive financial figures with aspiring media personalities.
Subscription revenue is projected to exceed $12 million in 2025, demonstrating significant growth in the podcasting sector.
While disclosing financials may seem like a 'flex', it's intended to guide emerging creators towards better choices than just seeking large network deals.
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