Series of costly losses in 2023 contributed to Just for Laughs insolvency: report - eviltoast
  • n2burns@lemmy.ca
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    8 months ago

    This stood out to me:

    Changes to YouTube and Facebook video monetization rules favouring short videos akin to TikTok reels also led to a reduction in revenue from the group’s mostly longer-form content, the filing said.

    Stand up is really, really good for short-form video. All the comedians I follow post individual jokes that link to their full sets. I’m surprised Just for Laughs couldn’t replicate this.