- Joined
- Aug 16, 2018
Camera was on the whole time huh?
Every time I see him topless I get a sinking feeling or sense of impending doom. It’s truly horrifying.
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Camera was on the whole time huh?
Yeah, during his speed run to LOLcow of 2023 he told most of us to fuck off...I'm pretty sure that a significant portion of that same 2019 audience has a very different view of him now. It helps that he, within the last year, basically told them to eat shit.
RIP Hobo Shoestring.I'm looking forward to the Hobo Nick train-hopping streams soon.
Hobo Shoestring looks healthier!
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Nick's also admitted a couple times that he wanted to write a comic book too, so he's definitely got some jealousy channeled towards Eric July for similarly succeeding where he failed (like DUI Guy with Depp).
I dunno much about his "Lawtube audience." For me, I'm largely ignorant of Rekieta between late 2020, and late 2022, when this thread was moved and he was officially declared a lolcow. I'm the wrong guy to ask about that time period.
Wait, what is that about creator commitments? The CEO was asked about that during the earnings call.
@Space Pope,
So, if I understand correctly, any further speculation as to whether he is still under contract, or could ever get another one, might be mooted by the fact Rumble's stated plan to investors is that nobody will have a minimum guaranteed contract anymore?
Because I am in the camp that believes his expired on or about March 1st, and he didn't get another.
With this earnings report, and what the executive said on the conference call, I'm not sure he's gonna be able to fool anybody for much longer. It also might explain why he's been using the word "agreement" instead of "contract."
Also, this might be why Mersh has been losing his shit at Metokur's hat sales more than usual.
EDIT: Elaboration.
It also makes sense that nick acted like they were ignoring him and him saying he hasnt heard back from rumble, etc. The ad plan had to have been in the works for some time and any low tier contracts would have been postponed.
IIRC, YT keeps 30% of superchats, unless it's from an Apple device. Then Apple also takes 30%.
No idea about ad revenue.
https://support.google.com/youtube/answer/72902?hl=en#zippy=,whats-my-revenue-share Rumble seems to barely beat them on rates.
View attachment 5882052
Yeah it seems to be only 5% different (55 vs 60) but rumble might be charging advertisers a lot less, otherwise they wouldn't bother. I don't know if live streams has ads in the same category as long form videos or not (i have ad blocks). Business insider said long form ranges from $1.61 to $29.30 and I bet your ass that nick would be in the short end of the stick cause of his topics. Stuff like cooking channel, travel, aquarium/terrarium would be a lot more palatable to advertisers.
Rumble also fakes their views so that's gonna bite them in the ass. We'll see if they play straight on this one.
Rumble contract confirmed
Edit to add: and Locals updates
Non-ironically, that one black man hates all other black people and has advised Nick in the past not to trust any of them.
The church exists to edify others in the congregation, Nick is just mad that his child is a shit person like himself, and a mature adult tried to edify the child about how people are expected to act in a bible study.That's bizarre because if they don't want to be judged, they should just become an atheist. Christians judging other Christians are well within the boundaries of religion.
I could believe it. But considering how fast and annoyed he jumped at not wanting to disclose further details, even though it was just a joke, I think it's significantly worse than his previous contract.Rumble contract confirmed
So at one point he clearly says that in his "renegotiated" rumble contract he still has a requirement to do a certain number of locals streams.
But at the same time he is currently doing no locals streams at all. Vaguely promising that a whole bunch of them are coming maybe in May. (see 1:45 in the video).
It all seems like bullshit.
He may well still have a contract with Rumble. But its going to be the same sort of "superstar" contract that someone like Mersh is getting. Which is to say he is getting paid proportionate to the tiny audience he is bringing in and the other tiny revenue he brings in to rumble. Which is to say he would be paid very little.
But thing is, I think at this point Mersh has more engagement and a bigger audience than Nick does. Nick's show is effectively dead and there isn't even a road to bringing it back. His locals is even more dead. He can't even get meaningful guests to appear which is a sign that even they know that appearing with Nick now gains them nothing of value.
But I still have doubts if anything Nick said about a contract is true. If he had a contract requirement to do a certain number of locals streams and renegotiated his contract to do them at other times, he would still be doing locals streams rather than vaguely promising to do them someday. Contracts are contracts. You don't just fulfill the terms when you might feel like it.
I don't think he has a contract, or at least, one to be proud of, due to him not bragging about it or having a big show update thing, splooging on about how X has changed, and Y is coming. It has been little snippets that he is cagey about giving.
But if he does, that's fucking funny.
The entire point of the Rumble contract was that it gave him guaranteed cash. At the end of 2022 he implied that the guaranteed cash (or the guaranteed cash plus the Locals subscription) for 2023 was more than his entire income for 2022. That guaranteed cash is gone unless he was so AMAZING as a creator they decided to make an exception for him.Yeah maybe his contract is "do the rumble switch, shill our hand picked sponsors and we'll take a 10% cut instead of 40%, also you get like $50 per ad read"
I'd imagine this was always the plan. Get big names onto Rumble with big contracts, then wean them off to start making money. Nick is now just feeling it. He probably did get a contract, hense he's bragging about it, but it's no where near the money maker it once was.am sure he got a big new Rumble contract where he doesn't need to stream to Locals for over two months at minimum (he says MAYBE he will do streams in May) and I'm 100% confident that that there is a fat stack of GUARANTEED cash.
Wait, what was that that the CFO of Rumble said?
"minimum guaranteed contracts, and as they come off of contract, the plan is that we don't have to renew those, because as the monetization tools start kicking in, creators will actually start earning that 60% ad revenue, and we don't need to extend those contracts."
What did the CEO say?
"those minimum guarantee costs start declining through the rest of '24 and into '25, which allows us to get towards breakeven in 2025."
Oh no... Balldobros....
By not renewing contracts, they get rid of a committed expense. This is a "stop the bleeding" move and means their expenses don't match their income. Trying to spin it as positive isn't very effective.Despite such poor numbers, Rumble management has a positive outlook. How will they turn things around and how does this impact our friend Nicki?
First of all, he hasn't done them yet. I'll refer you to @polar bear's carrot on a stick image meme here.I could believe it. But considering how fast and annoyed he jumped at not wanting to disclose further details, even though it was just a joke, I think it's significantly worse than his previous contract.
I mostly believe it, because I can't believe Nick just doing more Locals streams to put up a charade. This motherfucker can hardly be bothered to do any streams unless forced.
Yeah, have fun waiting on that happening.If it's true, show us the contract!
Rumble contract confirmed
I don't believe Rekieta has a Rumble contract. Certainly not a good one.
For the fourth quarter of 2023, revenue was $20.4 million compared to $20.0 million in the fourth quarter of 2022, an increase of 2%. The increase is due to an increase in other services revenue of $3.5 million, offset by a decrease in advertising revenue of $3.1 million. The increase in other services revenue was driven mainly by subscriptions, content licensing, tipping features, and provision of one-time content.
Maybe shidding, farding, pizzing and kooming all over your entire audience wasn't such a great plan. I mean poor Nick, it's not like anyone tried to give this "social media expert" any advice or anything.I would imagine he's fucking pissed about this, if true. With no minimal guaranteed contract revenue anymore, viewership and superchats are supremely important again. Both of those depend on making content people want to watch, and audience engagement, respectively.
I agree, I can't believe it took a Rumble contract to get him to suck dick.I can't believe Rekieta sucked dick for a Rumble contract