Latest news with #Beast
Hamilton Spectator
41 minutes ago
- Business
- Hamilton Spectator
MrBeast CEO and ‘Beast Games' winner rally brand partners and rare disease support on Wall Street
NEW YORK (AP) — MrBeast's new CEO hit Wall Street Wednesday as YouTuber Jimmy Donaldson's media empire looks to develop long-term brand partnerships and, in turn, unlock more funding for its charitable content. Venture capitalist Jeff Housenbold took over MrBeast leadership last summer with a mandate to professionalize an ever-growing entertainment company. YouTube's most popular creator had reached record audience levels far outpacing its startup days, while vowing to reassess its internal culture amid multiple controversies . But, despite joining Nasdaq's closing bell ceremony on Wednesday, Housenbold said their strategic plan does not currently include a public offering — or any active funding rounds. 'Do I want to make banger content? Yeah. That's cool,' Housenbold told The Associated Press. 'But what can we do with that banger content? Generate profits, make a sustainable business that gives us greater ability to impact people's lives around the world.' 'We're marching quickly to profitability, so we don't have to raise additional capital,' he added. Instead, MrBeast is focused on securing multi-year exclusive advertising deals as opposed to single-video brand partnerships. With 416 million subscribers and legions of impressionable young fans, Housenbold argued that MrBeast is uniquely positioned to deliver more bang for companies' marketing bucks by pointing that 'firehose of attention' at them. Along the way, Housenbold said he is encouraging Donaldson to tout the channel's charitable works — which often feature quantifiable stunts such as building wells, removing ocean plastic or covering cataract surgery costs. The company, in his view, 'can do good while doing well.' 'The more people who like us 'cause we do good, the more people watch our videos,' he said. 'The more people watch our videos, the more we're able to drive in fees from our advertising partners... the more we can invest in more content to do more good in the world.' New projects such as the Amazon Prime reality show and a James Patterson novel from HarperCollins aim to diversify the genders and ages of his audience. Housenbold said that base has historically consisted mostly of 8-to-25-year-olds and men. But Housenbold acknowledged missteps in last year's production of 'Beast Games,' which prompted allegations of 'unsafe' conditions from some contestants who said an unorganized set led to injuries, irregular food provision and lacking access to medication. While describing most of those reports as 'inaccurate,' Housenbold said they were 'better prepared' for the second season's recently wrapped shoot. 'Building sets for a 10-episode show is different than a 22-minute YouTube video,' he said. 'The scale, the size, the sophistication, the safety, the security, the cost effectiveness of doing that. We didn't staff up enough for 'Beast Games'.' Ringing Nasdaq's closing bell Wednesday with Housenbold was the winner of the $10 million grand prize awarded in that inaugural 'Beast Games' season. Jeffrey Allen, the father of a child with creatine transporter deficiency, has promised to put some of his winnings toward existing treatments and research for a cure to the rare genetic disorder. He said the Association for Creatine Deficiencies, where he is a board member, added 1,000 new donors in the weeks following the final 'Beast Games' episodes' release. He hopes Wednesday's visit will draw more attention and money to all rare diseases. 'This is where companies that are bringing true change to the marketplace come to listen to other companies,' Allen said. 'So, there's no better place for a budding rare disease nonprofit to come and show, 'Hey we're trying to change the world, too.'' ___ Associated Press coverage of philanthropy and nonprofits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit .
Mint
8 hours ago
- Business
- Mint
YouTuber Mr Beast reportedly to make livestream debut on Chinese video platform Kuaishou, stock up 7%. Details here
YouTuber Mr Beast is reported to be launching his first live stream on a Chinese video platform named Kuaishou on 26 July 2025, according to a local Chinese news portal on Wednesday, 23 July 2025. The shares of Kuaishou Technology listed on the Hang Seng index closed over 7% higher after the development. The short video platform will feature Chinese cultural elements, including a Dunhuang mural painting challenge and hanfu quick-change, along with AI real-time translation to allow seamless interaction between Chinese and English-speaking viewers, according to a The Standard Hong Kong report. According to data collected from YouTube, Mr Beast has more than 415 million subscribers on his main channel, where Jimmy Donaldson and his crew make entertainment videos which cross 100 million views on average. Mr Beast has reportedly shown interest in the Chinese market before including launching a social media account on Bilibili, according to the news portal's report. Kuaishou Technology's share price closed 7.08% higher at HK$77.90 after Wednesday's stock market session on the Hang Seng index, compared to HK$72.75 at the previous market session. The shares jumped to HK$78.85 during the intraday session on Wednesday, 23 July 2025. The Kuaishou Technology shares have lost 74% in the last five years. However, the stock has gained more than 74.86% in the last one-year period. On a year-to-date (YTD) basis, the shares have jumped 92.11% in 2025, and is trading 12.65% higher in the last five market session on the Hong Kong-based stock exchange. The stock hit its 52-week high level on Wednesday, 23 July 2025, after the reports on Mr Beast at HK$78.85, while the 52-week low level was at HK$37.55, according to the data collected from MarketWatch. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
San Francisco Chronicle
a day ago
- Sport
- San Francisco Chronicle
Paret Peintre wins on Mont Ventoux, Pogačar consolidates Tour de France lead
MONT VENTOUX, France (AP) — Valentin Paret Peintre triumphed on Mont Ventoux to become the first home rider to win a stage at this year's Tour de France while Tadej Pogačar consolidated his overall lead on Tuesday. Paret Peintre finished just ahead of former leader Ben Healy in a sprint for the line at the top of the famed mountain known as the 'Beast of Provence.' Santiago Buitrago was third, 4 seconds behind, ahead of Paret Peintre's teammate Ilan Van Wilder and fifth-placed Pogačar, who withstood repeated attacks from Jonas Vingegaard to cross the line 2 seconds before his main rival.
Hamilton Spectator
a day ago
- Sport
- Hamilton Spectator
Paret Peintre wins on Mont Ventoux, Pogačar consolidates Tour de France lead
MONT VENTOUX, France (AP) — Valentin Paret Peintre triumphed on Mont Ventoux to become the first home rider to win a stage at this year's Tour de France while Tadej Pogačar consolidated his overall lead on Tuesday. Paret Peintre finished just ahead of former leader Ben Healy in a sprint for the line at the top of the famed mountain known as the 'Beast of Provence.' Santiago Buitrago was third, 4 seconds behind, ahead of Paret Peintre's teammate Ilan Van Wilder and fifth-placed Pogačar, who withstood repeated attacks from Jonas Vingegaard to cross the line 2 seconds before his main rival. Pogačar stretched his overall lead to 4 minutes, 15 seconds over the Danish rider. ___ More Tour de France coverage:
Glasgow Times
2 days ago
- General
- Glasgow Times
Public invited to shape East Dunbartonshire's LDP3
This plan, named LDP3, will decide how land in the area is used in the long term. Residents, landowners, businesses, and organisations can contribute ideas and site suggestions from today, July 21, until September 15 during the next stage known as the Call for Ideas and Sites Consultation. Once approved and adopted, LDP3 will be crucial in tackling climate change, creating quality living spaces, boosting employment and investment, revitalising town centres, and safeguarding the natural and historic environment. Read more: 'You have ruined her life': Beast, 87, given more jail time for sex attacks on girls Councillor Gordan Low, council leader, said: "It's important we hear from as many residents, community groups, organisations, landowners, and businesses as possible. "As well as site suggestions, we are looking for broader ideas about what should be included in the new LDP. "We want to ensure the Proposed Plan has a wide scope – including local facilities, retail, nature, and contributions to community wealth building and the East Dunbartonshire economy." The Call for Ideas is an open invitation for suggestions on land use, addressing matters like housing needs, employment, tourism, renewable energy, travel, and enhancements to community facilities and green spaces. Meanwhile, the Call for Sites allows stakeholders to propose sites for prospective allocation in LDP3. Potential uses include housing, retail, business, tourism, community facilities, and nature-based climate adaptation solutions. People can submit ideas through a survey available online at The council will also host two information sessions at Kirkintilloch Town Hall on August 14, from 3pm to 7pm, and at The Fraser Centre in Milngavie on August 19, from 4pm to 8pm, to engage further with the community. An online session is also being planned. The consultation aims to gather ideas and proposed sites, rather than gauge support or objections at this stage. All surveys and submissions will be evaluated to help form a Proposed Plan, which will be open for public consultation. Responses from an earlier evidence-gathering process, conducted between November 2024 and January 2025, will be considered in shaping the Proposed Plan.
