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BBTV Launches Fast Pay to Help Creators Accelerate Their Growth -Breaking

by Mike Robinson

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BBTV launches Fast Pay for Creators to Accelerate their Growth

BBTV Holdings Inc. (TSX: BBTV) (OTCQX: BBTVF) (Frankfurt: 64V) (“BBTV” or the “Company”), the leading creator monetization company with a mission to help creators become more successful, today announces the launch of BBTV Fast Pay, a premium Base Solution that expedites monthly payments for creators, delivering fresh capital for them to use for growth.

  • After registering for BBTV Fast Payment, creators will be able to receive their current month and the next one. These earnings provide up-front capital which can then be used to invest into content creation and growth.
  • BBTV Fast Pay will be offered for a reasonable fee in order to assist creators with their growth.
  • This announcement comes on the heels of BBTV’s recent deal with Spotter for up to US$125 million with $18M deployed already, as the company develops new solutions to leverage BBTV’s extensive library of content and scale to add incremental bolt-on revenue to the business.
  • We are also looking into Web3 payment options that could make cryptocurrency part our everyday interactions with content creators.

Content creators are entrepreneurs. We can help them access financial resources. BBTV provides everything a creator requires to increase their revenues and views.
Ben Groot (CFO), BBTV Holdings Incorporated.

“We’re focused on providing creators with a wide range of innovative solutions. BBTV Fast Pay makes it easier for creators and entrepreneurs to quickly access funds, accelerate growth, and make their payments faster. It is also a growing aspect of Base Solutions. We leverage our content library and scale to increase gross margins.
BBTV Fast Pay reduces the period between the 45-day payment and the 15-day following the month’s end. This is done for a reasonable fee. BBTV FastPay allows content creators to simultaneously receive their next and current month’s earnings. These funds can then be used for growth and investment in new content. A new premium addition to the Company’s Base Solutions offering, BBTV Fast Pay represents incremental growth to BBTV Gross Profit and BBTV Share, which is a non-IFRS measure, defined as revenue less content creator and third-party platform fees.

The Company will also offer BBTV Fast Pay. It is looking into the possibility of monthly cryptocurrency payments for its creators. Certain BBTV creators have the opportunity to get their earnings in a variety of crypto currencies, such as BTC, ETH or USDC stablecoin, as an alternative to the US Dollars and other fiat currencies. To the Company’s knowledge, BBTV is the first listed media company to offer this service to creators.

FinancialNewsMedia.

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