Day February 12, 2019

Updated Study Finds Revenues from the New Creative Economy Grew 15% To $7 Billion In Just One Year

[Re:Create Coalition] Today the Re:Create Coalition released the second annual report on the economic value of the New Creative Economy, documenting that 16.9 million independent, American creators earned a baseline of $6.8 billion from posting their music, videos, art, crafts and other works online in 2017. Building upon last year’s study, the updated report found the number of new creators grew by 2.4 million (16.6%) and total revenues grew by 14.8%. Moreover, these results cover only nine leading online platforms for Americans participating in the New Creative Economy: Amazon Publishing, eBay, Etsy, Instagram, Shapeways, Tumblr, Twitch, WordPress and YouTube.