a recent video addressing the raise. “The stigma of the starving artist is going to fade away.”Conte said in a blog post that “more than 200,000 creators on the platform that have collectively earned $2 billion dollars to date directly from their fans — no advertisers, no gatekeepers, no black box.” Conte added that he expects that “moving forward, creators from all over the world will be earning at least $1 billion a year on Patreon.”While creators are earning cash on the platform, Patreon has yet to turn a profit — though the privately-held company takes a payment processing fee and between 5-12% of the monthly income earned by each of its artists.Also Read: CollegeHumor Links With Rooster Teeth's The Roost to Expand Podcast Ad Network.
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