Sunday, January 8, 2023

The economic downturn is hurting the creator economy, one of the most-hyped sectors of the past decade, in particular since its middle class hasn't yet emerged (Alex Kantrowitz/Big Technology)

Alex Kantrowitz / Big Technology:
The economic downturn is hurting the creator economy, one of the most-hyped sectors of the past decade, in particular since its middle class hasn't yet emerged  —  We're seeing the truth about one of the most-hyped sectors of the past decade.  —  After years of hype, the Creator Economy is slamming into reality.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...