The Hanoitimes - No longer having the Content Hosting Agreement from YouTube means that Yeah1 will not be able to aggregate third party channels and share passive advertising revenue on YouTube, according to Viet Dragon Securities Company (VDSC)’s latest report. Vietnam’s Yeah1 to offload US-based ScaleLab after two months of acquisition Youtube incident sends Yeah1 shares plummeting for fifth consecutive day The recent incident about YouTube terminating the Content Hosting Service Agreement (CHSA) with Vietnam’s media group Yeah1 will cause the company to lose its revenue share from its YouTube third party/partners’ channels, leaving the company to rely on its remaining businesses. Youtube: Yeah1 Network This segment is mostly based on advertising on YouTube platform, contributing 28% of revenue and 51% of net profit after tax (NPTA) for Yeah1 in 2018, including three revenue sources: Ads revenue received from YouTube by displaying ads on … [Read more...] about What would Yeah1 have left following YouTube’s incident?
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Yeah1 is set to lose 28 percent of future revenues after Youtube terminated its content hosting agreement with it. Photo by Shutterstock Digital media conglomerate Yeah1 is set to lose 28 percent of future revenues after Youtube unilaterally terminated its content hosting agreement with it. The company's financial statements for 2018 showed that activities connected to Youtube generated around VND462 billion ($19.93 million) for Yeah1, or nearly 28 percent of its revenues. Profit after tax from these activities were worth VND92 billion ($3.9 million), accounting for more than half of its total profits. The termination came after YouTube claimed SPRINGme Pte. Ltd, a Thai multichannel network (MCN) in which Yeah1 owns 16.93 percent had violated its policies with some of its channel management activities. Yeah1 Group shares plummeted on Monday following Youtube’s announcement, losing 7 percent. The share fell by 7 percent each in the next two trading sessions too. … [Read more...] about Vietnam media giant could lose $20 mln as Youtube pulls plug on deal
ScaleLab is expected to receive $12 million upfront and another $8 million later if business targets are achieved two years after the merger. ScaleLab executives have said the company agreed to the sale because it requires an infusion of funds to expand operations and desired to integrate with Yeah1’s media ecosystem. ScaleLab plans to expand into Asia, where Yeah1 connect Asian talents and influencers with the international market. Tri Dao Phuc, CEO of Yeah1, said the strategy over the next three years is to "acquire premium social media brands, optimize our existing channels to boost viewership and performance." Headquartered in Hollywood, the U.S. ScaleLab is best known as the Youtube partner of Jake Paul, Jimmy Donaldson, Mariale Marrero, Erika Costell, Katie Angel, and many other YouTube stars. It has a roster of 1,750 influencers and 400 million subscribers, and gets three billion Youtube views a month. The five-year-old company was recognized as the … [Read more...] about Vietnam digital media giant acquires US network
The Hanoitimes - Yeah1`s acquisition of ScaleLab increases the total monthly YouTube views under the Yeah1 umbrella to 6.9 billion, and total YouTube subscribers to 610 million throughout the world. Yeah1 shares hit ceiling in listing debut Australia Macquarie Bank returns as Yeah1's major shareholder Vietnam’s entertainment group Yeah1 on January 10 acquired US-based ScaleLab, a well-known Youtube multi-channel network representing some of the biggest social media influencers in the world, in a deal worth US$20 million, said the latter in a statement. Illustrative photo. Headquartered in Hollywood, California, ScaleLab is best known as the YouTube network home of Jake Paul, Jimmy Donaldson (aka MrBeast), Mariale Marrero, Erika Costell, Katie Angel, and many other top-tier YouTube stars. The five year-old company was recently recognized as the #1 fastest-growing media company in the US by Inc. Magazine on September, 2018. ScaleLab's full … [Read more...] about Vietnam’s Yeah1 acquires Youtube multi-channel network ScaleLab
Pop star Đàm Vĩnh Hưng was the first artist to receive a high level of income from advertisements on all nine channels of POPS Worldwide. — Photo ngoisao.netViet Nam News HCM CITY — NBCUniversal Media, a New York-based multinational media group, and its Vietnamese partner, POPS Worldwide, are working together to produce and distribute entertainment videos on YouTube. They will launch POPS TV, an entertainment video website, containing celebrity news and hot reality series. The website will consist of three categories: E!Zone, Entertainment and Music, which will feature TV shows on fashion, beauty, kids, movies, music and hot news about international and local superstars, along with many more. POPS Worldwide will also localise and distribute E! Zone channel’s top hot reality shows produced by NBCUniversal, such as Keeping up with the Kardashians, Citizen Rose, E! News Asia Special and Rich Kids of Beverly Hills. They later will produce … [Read more...] about US, Việt Nam entertainment groups jointly produce videos on YouTube