Job cuts at Funny or Die suggest making money from comedy videos is harder than ever – and some blame the social-media titan. But a new wave of creators are finding ways to thrive
Earlier this year, Facebook CEO Mark Zuckerberg announced major changes to the social network’s algorithm. “You’ll see less public content like posts from businesses, brands and media,” he wrote in, predictably, a Facebook status. “The public content you see … should encourage meaningful interactions between people.”
Less than two weeks later, longstanding comedy video website Funny or Die made another round of redundancies, after laying off roughly 30% of its staff in 2016. The website’s CEO, Mike Farah, vented his frustration, tweeting: “There is simply no money in making comedy online any more. Facebook has completely destroyed independent digital comedy.”
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