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TRILLER prime to get lot of traffic from TikTok ban.
Awesome.
Was always gonna happen Trump and Trump JNR making very vocal public videos and the Chinese trying to block it at all costs . TRUMP would be stupid to allow it to survive or he would be out a job given the data it’s taking from children .
Great day for #7dig big surge in share price today and next week 6p-10p very soon
Picked some more today before Monday.
Triller now takes front seat alongside 7DIG
beautiful
Expect this heading back to 4.8p previous 52 week high
Trump Has just banned Tick Tock from app stores from Sunday!
Think we headed back to previous high guys.
Good news on the Tik Tok ban.
7DIG will come good once things settle down in the US.
Their business model is good and they doing more deals which should translate into big revenues down the road.
Thanks, just found this as well:
How does Triller make money and how does that money transfer towards the music industry?
Ryan Kavanaugh: The traditional route that all other social platforms follow is as you scan, you see advertising every so often, and you get paid. We have an offer from a very big company to turn that on. And if we did so tomorrow, it would generate a couple hundred million dollars a year, growing hopefully [into] a couple billion, and we would share that with influencers.
We have not turned on advertising on purpose, because we’ve seen a very unique shift in monetization. When we call an artist, [or] an influencer, they come in, we sit down, and we treat every one of them like a business: ‘What’s your identity; what’s your brand identity?’ Then we go together to the brands, and say, ‘We want to do a two year deal around this artist, around this influencer, and it’s not [traditional] advertising or product placement, but here’s how it will help your product.’ We’re finding a lot of the guys are like, ‘I’m making five times what I made over on TikTok.’
Could we one day turn on advertising and add a couple billion dollars of revenue? Sure. But right now, our numbers are higher than any of our competitors. We’ll be [generating] a couple hundred million dollars and that’s without advertising.
Link: https://www.rollingstone.com/pro/features/triller-tiktok-trump-ban-1041862/
The share price is at a silly price now !
How we aren’t attracting crazy volumes right now is beyond me ...We only need a bit of momentum to re-rate
See if you find where the 7Digital CEO talks about gross profit margins from music licencing, I'm sure it was something like 90% profit.
Not sure about the Triller deal yet, wondering how they make actually make money without putting adverts in their videos.
Listened to the Triller CEO interview , they were the number one app in Jamaica and have Afrobeats Taking off there which has blew up . They are extremely big in India and he said when TIK TOK was banned there that was 40% of there clients base gone !
So everyone who’s joined Triller on the back of the Indian ban only makes Triller Bigger !
Mike Tyson in the states in Nov is going to put Triller on the map globally for me and that’s where next years #7dig revenue is really going to take off !
I think revenue or contract with Triller is vital information Shame we don’t ever get to see them numbers !
Do you think on the 28th RNS we will get an hint of the income we’re going to get form Triller ?
Nice post Tra1.
Interesting viewing. Quite a young CEO.
Is Triller The New Tik Tok? CEO interview, i personally do not know any of the names there but sounds good, lol__https://www.youtube.com/watch?v=-rxRP4DLNsA