Patreon and Subbable Team Up to Protect Creators' Revenue
With the recent changes to Amazon Payments, the two subscription services decided to team up for the benefit of creators in line with their "creators first" ethos.
Crowdfunding has changed the conversation when it comes to social media content creators. Services like Subbable and Patreon allowed users to tip or to pay a subscription to their favorite content creators, even when social sites didn’t provide the option. But because of recent industry changes, Patreon recently acquired Subbable to protect the creators involved.
In a joint livestreamed announcement, Patreon cofounder Jack Conte, and Subbable founder Hank Green, discussed the reasons behind the merger. Both services started around the same time, but were never in direct competition.
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