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News: Music Industry

Patreon Just Raised $60M, Now YouTube Is Gunning For It with Fan 'Sponsorships

Patreon Just Raised $60M, Now YouTube Is Gunning For It with Fan 'Sponsorships

September 21, 2017

Patreon announced yesterday that it had raised an additional $60 Million to expand its fan-to-creator patronage site. Now Google's YouTube is gunning for the startup, which has become a popular revenue tool for many of its creators, with it's own Patraon-like fan “sponsorship" tools. Based on old-school patronage, Patreon enables fans and sponsors to support musicians ...

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