Cameo — the app-website where users can buy personalized videos from celebrities and influencers — has seen an inflow of 31,000 creators through its Cameo X program over the past year and a half. "When we think about the way that fame has changed, it's become a lot more niche. When our parents were growing up, there was ABC, NBC, CBS, there was no other television," Cameo Co-Founder and CEO Steven Galanis tells Brad Smith in the Yahoo Finance studio. "When we were growing up, there was cable there were 40 stations. Then there were satellite, there were a thousand. And now for kids today, every single person is their own platform, their own channel. So there's literally millions of stations and fandoms [becoming] more niche." Galanis elaborates more on Cameo's content monetization for creators, naming a puppet named Mona from a 1990s Canadian children's television program Nanalan as one talent who has found a second life on the platform. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.
The long-running gang and racketeering trial that led Atlanta rapper Young Thug to plead guilty in October ended on Tuesday with the last two defendants found not guilty of racketeering, murder and gang-related charges. Deamonte Kendrick, who raps as Yak Gotti, was acquitted of all charges and Shannon Stillwell was found guilty only of gun possession. The original, sweeping indictment used song lyrics and social media posts as evidence and charged 28 people with conspiring to violate Georgia’s Racketeer Influenced and Corrupt Organizations Act.
The six-part drama series has been commissioned by Irish broadcaster RTE and will air on the BBC in the UK.