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Twitch Streamer Behind 'Never-Ending' Charity Marathon Says He'll Only Make A Small Fraction Of $470,000 Haul
- Thread starter entremet
- Start date
I have no opinion on Ludwig or this subathon thing (outside of tangentially hearing about it on streams I do watch) but the article headline is definitely baity, making it sound like he's complaining when it just seems like he candidly talked about it during that stream.
Anyway, as he himself points out, as someone at his level, the benefits from this aren't (really) monetary for him immediately, it's getting more exposure to an even wider audience -- his name in the NYT etc -- which'll bring more money long-term.
Anyway, as he himself points out, as someone at his level, the benefits from this aren't (really) monetary for him immediately, it's getting more exposure to an even wider audience -- his name in the NYT etc -- which'll bring more money long-term.
You're asking too much. We're lucky when people read the whole title of a thread.
Kotaku back at it again with a dogshit article title, and Era back at it again with a severe lack of reading skills. Typical.
If you actually read the article you'd see at the point Ludwig broke this down he would only be making 3k, perhaps 10-15k at most when factoring in tax write-offs
So this guy is stupid for doing what exactly?
I don't personally see what's weird. Subbing to a channel is done to support a streamer. However, the vast majority only make half (or less) of the sub price. Donating to them supports them and goes directly to their pocket. While you dont get a little emoji next to your name, a good streamer will value you just as much (or more) and have trackers/notifications to alert in appropriate ways.
If the weirdness is giving them money in general, financially support the entertainment you consume. Same as any form of entertainment.
OP
OP
I think people misunderstood the article.
He used a strategy used by smaller channels. He's already pretty successful on Twitch. He got MSM attention via the NYT. And then he made a stream explaining where everything goes for full transparency.
The criticism he got wasn't about the money per se, but using a strategy that smaller channels use when he's already made it.
That's all.
He said it was worth it for the exposure as well. Twitch streamers getting MSM attention is rare.
He used a strategy used by smaller channels. He's already pretty successful on Twitch. He got MSM attention via the NYT. And then he made a stream explaining where everything goes for full transparency.
The criticism he got wasn't about the money per se, but using a strategy that smaller channels use when he's already made it.
That's all.
He said it was worth it for the exposure as well. Twitch streamers getting MSM attention is rare.
Yeah, paying taxes isn't a "small fraction" and neither is Twitch's 35% cut. I was expecting sometime less than 10% but I guess I shouldn't be surprised by sensationalist headlines.
I feel that it's weird American propaganda that 'Hey your hard work made this, but REALLY the government took this much away from you' which helps people justify much of the socioeconomic clown show that is this country. And we generally do it here without thinking across the board but it feeds into that same energy.
But like, taxes aren't unexpected for most people on the planet, lol. So its weird to say 'I made this, but the gov took this, so it's really this' unless we are talking like, ways to avoid paying taxes.
He's also not really mentioning that the only reason he'd pay a ~50% tax rate is if he's making more than $5,000,000 a year overall.
If that marathon was his only income, and he donated $80k, his take home would be in the $140,000 range. (assuming the $80k was his only write off.)
(not trying to bash the guy, just being accurate lol)
Because the OP didn't quote that part in the original post. People did not read the article, and it makes me think the OP might not have read the full thing either because after paying his mods and donating the charity, the amount he's left with is $3,000, and then between $10,000 and $15,000 after tax write-offs. To only quote the part of the article that makes it seem like he's making $150,000 was foolish and a mod needs to close this topic because even an edit isn't going to save it at this point.
no, but you should be sorry for not reading the article or even the OP of the thread you are replying to.
The detail that stuck out for me in this is that he has to specifically tell his fans not to give him their stimulus money. It's such a different relationship between fan and celebrity. Like fans of Taylor Swift or Chris Evans aren't going to be like, hey I just got my stimulus, I should write out a big check to my favorite movie star. It's more like a televangelist than a conventional entertainer.
OP you need to update your post with:
Too many people not taking the time to read the rest of the article and see Ludwig is not making 150k
sigh... see above.
OP
OP
Why can't people read the article, though?
I posted a huge section. We can't post the full article.
To be fair it's not up to OP to baby people who should know to read the article in the first place. People are dumb.
Ludwig is great, probably the best big streamer out there. While he does do plenty of gimmicks like this he's more transparent about the business side of things than just about anyone else on Twitch. I hope he hosts another LACS Melee tournament sometime this year, he and Slime are such great commentators even when they're barely talking about the match at all
Nobody's reading the article.
He's paying his mods and donating heavily to charity for this stream, and coming away with like 10 grand for 10 days of 24/7 streaming time. And also not complaining at all.
He's paying his mods and donating heavily to charity for this stream, and coming away with like 10 grand for 10 days of 24/7 streaming time. And also not complaining at all.
You've been around long enough to know they're never going to read the article
Not to be a pain but if he's donating $80k to charity and is taxed at a 50% rate like he claims, then he is taking home $40k at least from this. A write-off means you don't pay taxes on that income. The reality is he's making probably at least $50k even w/ the donation + gaining 80k subs w/ will add income over time.
He's just doing the math wrong, I don't think he's maliciously downplaying or anything.. but the gist of the 50% tax thing is also that he makes millions if that's true overall.
Boohoo I feel so bad for the only person in the world who works then pays taxes... Oh wait a sec?
Even if he only makes 10k or 40k or whatever it amounts to after paying his team lets not forget that the guy is the most subbed to person now and was already a very popular streamer according to the article, this stream has long lasting monetary value, not just the single take in of money.
Even if he only makes 10k or 40k or whatever it amounts to after paying his team lets not forget that the guy is the most subbed to person now and was already a very popular streamer according to the article, this stream has long lasting monetary value, not just the single take in of money.
Thats the question. Are the people paying him to watch him sleep stupid or is it him for providing such low quality content.
OP
OP
It's a pretty detailed article though. It's important to read the whole the thing.
Because he is providing a service that people enjoy and people get paid for that. Don't work for free.
Era: These people don't put in enough effort to make the money they do. Streaming isn't a real job.
Also Era: Cannot be bothered to read past titles
Starting to get why people aren't the money earners they wish they were. Maybe you could start streaming too, if you don't get stuck on the title screens?
Also Era: Cannot be bothered to read past titles
Starting to get why people aren't the money earners they wish they were. Maybe you could start streaming too, if you don't get stuck on the title screens?
You provided no indication that there was a different and much smaller number in the article. In people's minds you had put yourself out there as an authority on what was most important in the article when you quoted such a large part of it. It's silly, but you should not expect people to read the article.
I don't understand why people donate to these large streamers. It seems very exploitative of the parasocial relationship. A fool and their money I guess.
OP
OP
I mean, this is basic literacy, though. We're in a text based medium. That's why links are provided.
It's not like iti's the end of the discussion. People are still read it and re-comment.
This place sometimes lol.
good for Ludwig and I welcome the transparency, more people need to speak candidly about their earnings.
good for Ludwig and I welcome the transparency, more people need to speak candidly about their earnings.
His math is also wrong, as he is calculating deductions and taxes incorrectly.
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its not fair to seize most of the content of the article and put it in the OP and make the content creator lose out on the click money they would have gotten if people had clicked on the link.
C'mon a mod got caught out not reading the article
like you just gotta hit people with a tldr summary, that's OP responsibility if you wanna call it that lol, especially when the headline has implications
Like this post does a pretty good job summarizing and dispelling reactionary takes