This Company Is Hurting YouTubers...

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SomeOrdinaryGamers

SomeOrdinaryGamers

14 күн бұрын

Hello guys and gals, it's me Mutahar again! For the last few months me and Coffeezilla have been investigating a story regarding Omnia media, a prominent KZbin MCN with rumours of bankruptcy. This story connected us with several high profile creators who have unfortunately been caught in a situation where their money is held back with nearly no recourse. Thanks for watching!
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Пікірлер: 823
@SomeOrdinaryGamers
@SomeOrdinaryGamers 12 күн бұрын
Check out Coffee's Video here! kzbin.info/www/bejne/b3ixqq19eJeeoZo
@iwastherobloxianminecrafter
@iwastherobloxianminecrafter 12 күн бұрын
No
@kranker5815
@kranker5815 12 күн бұрын
I love you muta
@kranker5815
@kranker5815 12 күн бұрын
I love you
@ike__
@ike__ 12 күн бұрын
Why not put it in the description?
@nicknevco215
@nicknevco215 12 күн бұрын
To bad not the vegas one
@Mr.sosmog
@Mr.sosmog 12 күн бұрын
Bro that “oh” was personal
@luckgrip252
@luckgrip252 12 күн бұрын
😂 Felt that too
@KyLEEeee350
@KyLEEeee350 12 күн бұрын
The “oh” on the completionist was cold 😂 .Edit I didn’t wanna start a war chill 💀
@Aym4n-
@Aym4n- 12 күн бұрын
What did the completionist do?
@IncendiarySolution
@IncendiarySolution 12 күн бұрын
I mean, super earned.
@KyLEEeee350
@KyLEEeee350 12 күн бұрын
@@IncendiarySolution yeah it was I just found it fujny
@KyLEEeee350
@KyLEEeee350 12 күн бұрын
@@Aym4n- a lot of bad things basicly he used his charity for fraud
@leog9573
@leog9573 12 күн бұрын
@@Aym4n- he claimed to be donating money to charities via his charity streams "indie land" while receipts showed that he never was, only to then donate very little money when he was caught red handed
@Some-nerd-who-tinkers
@Some-nerd-who-tinkers 12 күн бұрын
The name “Omnia Media” by itself already sounds cartoonishly evil.
@drunkenskunkproductionsdsp8094
@drunkenskunkproductionsdsp8094 12 күн бұрын
Or maybe cartoon villain groups have names like that to sound realistically evil... 🤔
@Some-nerd-who-tinkers
@Some-nerd-who-tinkers 12 күн бұрын
@@drunkenskunkproductionsdsp8094 chicken or the egg
@fabioeliasreisritter8827
@fabioeliasreisritter8827 12 күн бұрын
It's something that I can definitely believe is a corporation in yakuza games that kiryu needs to dismantle
@HimitsuHunter
@HimitsuHunter 12 күн бұрын
Nay I always associate the name with Hippy dippy stuff... because there a great band by the same name who do extremely hippy type music.
@DarkForce2024
@DarkForce2024 12 күн бұрын
Right, sounds pretty ominous to me.
@geniuspenguin8924
@geniuspenguin8924 12 күн бұрын
I swear to God if I see a "you fell off" comment again I will
@carlos_did_a_thing
@carlos_did_a_thing 12 күн бұрын
bad news
@imjustbawn
@imjustbawn 12 күн бұрын
its annoying
@jellaton_
@jellaton_ 12 күн бұрын
what are u gonna do huh… fall off?
@RealJohnnyGuillotine
@RealJohnnyGuillotine 12 күн бұрын
Wait till you see one that isn't a joke... It was a whiplash neck breaker
@IBeNerdy76
@IBeNerdy76 12 күн бұрын
more like he got up, lol
@Nick-zm2vm
@Nick-zm2vm 12 күн бұрын
It's laughable that they threaten to sue creators when they are the ones breaching the contracts by failing to make payments on time.
@twintrbo92
@twintrbo92 12 күн бұрын
It’s even more laughable that’s these folks trust strangers with their money. “Oh let me put this company between me and my checks from KZbin” “Oh shucks they’re not paying me my money, who woulda thunk it?”
@defeatSpace
@defeatSpace 12 күн бұрын
@@twintrbo92 for real, there's already KZbin and ad companies between the checks, so their logic is to add another layer of greedy failures.
@dimejammy7691
@dimejammy7691 12 күн бұрын
I also wonder why they exist
@composters
@composters 12 күн бұрын
@@dimejammy7691 occasionally they try and get your channel to grow by advertising on websites or ad services, otherwise its utterly pointless. Do NOT sign with them if you are already popular, it is not worth it, although it may be worth it if you do not care about financial gains and want to speed up popularity growth.
@feezee82
@feezee82 12 күн бұрын
They aren’t necessarily even breaking contracts. Contact may very well have a clause that says “payments may be deferred up to 3 months”. It’s just that under old management things were better, and new management tries to milk every penny.
@Murtaugh395
@Murtaugh395 12 күн бұрын
0:50 big creators 0:55 the "oh" that was heard around the world
@Thafnine
@Thafnine 12 күн бұрын
i used to have good relations with omnia media starting out but in the past year, they had been delaying payments and providing excuses as to why they weren't able to, talking about administrative changes and the like. they essentially held both my main and second channel ad revenue hostage and only paid me when i spoke out about it, probably to keep me quiet lol- thanks for making this video :)
@its_heeho
@its_heeho 12 күн бұрын
Oh hey Thafnine
@komikek
@komikek 12 күн бұрын
Is that why you havent made content on your youtube channel for years before last month?
@kaproskarleto5136
@kaproskarleto5136 12 күн бұрын
I missed the "used to" part of your comment and thought this guy was about to get some questionable comments
@defeatSpace
@defeatSpace 12 күн бұрын
What's the point of even getting a contract?
@minta2749
@minta2749 12 күн бұрын
@@komikek No pretty sure its because hes been working a lot on his videos since he edits them all on his own and wants them to be good
@iam16bits
@iam16bits 12 күн бұрын
I'm surprised people are still signing with MCNs after the fall of Machinima
@Mathias_D
@Mathias_D 12 күн бұрын
I don't know Its a great scam
@Quackra
@Quackra 12 күн бұрын
I haven't signed on to one for that reason as I knew they were a scam
@FreneticPotato
@FreneticPotato 12 күн бұрын
​@@Mathias_D Great scam 5 stars 10 out of 10 Guaranteed to ruin a rando KZbinr's life ❤
@Mathias_D
@Mathias_D 12 күн бұрын
@@FreneticPotato Yep
@JakeBlakeCatboy
@JakeBlakeCatboy 12 күн бұрын
People still sign with record labels. Sometimes, when you have something you know can succeed, it's not a bad idea to find ways to give it a head start of traction. Some methods are better and some worse. Although, seeing how this shitshow is going down, I think most of these creators are going to survive the storm and come out the other end stronger. Most creators are smart enough to weather these storms, and utilize their existing fanbase, stand strong on their foundation, and combined with leveraging the controversy, not only will they continue to be successful, but often, when cards are played right, will experience *more* success.
@indeimaus
@indeimaus 12 күн бұрын
oh good, these fuckers have my money too, another day on youtube it seems
@yffuyfooG
@yffuyfooG 12 күн бұрын
3 likes is crazy
@headkicked
@headkicked 12 күн бұрын
Damn, not you too!!! So many of my favorite creators are caught up in this!
@Ducaso
@Ducaso 11 күн бұрын
Oh shit dude, say it ain’t so!
@EpicHeroSandwich
@EpicHeroSandwich 12 күн бұрын
The simile you were looking for was "Trying to leave an MCN is like trying to leave a HOA. Good Luck."
@freedustin
@freedustin 12 күн бұрын
Its trivial to leave an HOA, what isn't is getting into a nice house without one. As much as they do suck, they are quite effective at getting rid of things like "my front yard is a parking lot or trash dump haven't decided yet" and "my garage is a 24/7 mechanic shop."
@lasskinn474
@lasskinn474 12 күн бұрын
@@freedustin you could just as well get an apartment then. it would be trivial to have the 24/7 garage if it was trivial to leave the hoa
@freedustin
@freedustin 12 күн бұрын
@@lasskinn474 I specifically said house for a reason, apartments should be considered a crime against humanity.
@DarkForce2024
@DarkForce2024 12 күн бұрын
Bah! I'd never live in a place with an HOA. Pay to have MORE rules on me? NO THANKS! I don't care WHAT you do on your property. Put cars up on blocks, fix all the cars in the neighborhood for all I care, I'd be GLAD if it makes my property value go down. The MORE your property is valued the MORE taxes you pay. I want LESS taxes!
@JellyLancelot
@JellyLancelot 11 күн бұрын
As someone from Europe, HOA’s as a concept is just insane
@durarada
@durarada 12 күн бұрын
MCN and MLM seem weirdly similar for a reason. These companies are the Mary Kays and Herbalifes of the content creation community fr
@f1champ551
@f1champ551 12 күн бұрын
Or worse, the LuLaRoe of it too.
@alicevioleta3184
@alicevioleta3184 11 күн бұрын
i haven't thought about mary kay in ages
@EastyyBlogspot
@EastyyBlogspot 12 күн бұрын
I did not know MCNS were still a thing, I was part of Machinima many years ago and they were a waste of time and money
@Sovjetski-
@Sovjetski- 12 күн бұрын
But your channel never became anything, right?
@nugzmedallion8929
@nugzmedallion8929 12 күн бұрын
Hey, just like DSP! 🤣
@MistyKathrine
@MistyKathrine 12 күн бұрын
They are quite common in certain niches. A number of record, film, and news organizations run MCNs, Vevo, TYT Network, and Alloy Entertainment all come to mind.
@jesusispacking
@jesusispacking 12 күн бұрын
@@MistyKathrinelmaooo tit network💀
@MistyKathrine
@MistyKathrine 12 күн бұрын
@@jesusispacking TYT = The Young Turks. They are a news channel and have lots of affiliated channels in their MCN. They even have their very own TV Station exclusively on KZbin TV where they play episodes of their shows and those of their network partners.
@DBZWii09
@DBZWii09 12 күн бұрын
the "Oh" is just DELICIOUS 😂😂😂
@AyoCrunchy
@AyoCrunchy 12 күн бұрын
Just? Just!? JUST!?!?!? that isn't JUST delicious, it's DELECTABLE. SCRUMPTIOUS. One could even say, 𝓑𝓾𝓼𝓼𝓲𝓷.
@anirudhthalla2603
@anirudhthalla2603 11 күн бұрын
0:56 the "OH" was too hilarious!!!🤣
@bobhouses2036
@bobhouses2036 12 күн бұрын
The fact that any company can take you to court for saying something bad about their dealing is wild
@Roadent1241
@Roadent1241 12 күн бұрын
What do they expect you to pay them back with? They money they... Haven't given you?
@crumps2
@crumps2 12 күн бұрын
The "Oh" slayed me LOL
@XioJN
@XioJN 12 күн бұрын
Rest in piece, sir 2024-2024
@XioJN
@XioJN 12 күн бұрын
pieces*
@HakuZaku
@HakuZaku 12 күн бұрын
"This company is hurting KZbinrs" Google?
@graycat7704
@graycat7704 12 күн бұрын
Nintendo?
@Anugrah_Amriza
@Anugrah_Amriza 12 күн бұрын
Sweet Baby Inc?
@_Cetarial
@_Cetarial 12 күн бұрын
KZbin.
@greatveemon2
@greatveemon2 12 күн бұрын
I remember when YT is just a video sharing website.
@ndh06
@ndh06 12 күн бұрын
​@@Anugrah_Amrizaman that outrage feel off real quick.
@yupyup3042
@yupyup3042 12 күн бұрын
100/0 split?? Why the fuck are they touching my money if they arnt taking anything. If that alone isnt a red flag, i dont know what is
@TheNaldiin
@TheNaldiin 12 күн бұрын
I assume there's some kind of usage or per service fee. Or even they're getting some interest on the cash in their account.
@SleepyVesties
@SleepyVesties 12 күн бұрын
I'm not good in math but I think 100/0 isn't a split at all
@KGBSpyGeorgeCostanza
@KGBSpyGeorgeCostanza 12 күн бұрын
call JG wentworth, 877-Cash now, it's your money, use it when you need it comrade
@shigushigu741
@shigushigu741 12 күн бұрын
It's to make them look better on paper. They claim the 100 on paper before handing it off to the creator
@winster32
@winster32 11 күн бұрын
BLACK COMPANY
@NerdyVet.
@NerdyVet. 12 күн бұрын
One last dig at Jirard. Perfection.
@RayTX1337
@RayTX1337 12 күн бұрын
So its basically a pyramid scheme, growing bigger constantly to pay out the previous round of recruited streamers.
@KGBSpyGeorgeCostanza
@KGBSpyGeorgeCostanza 12 күн бұрын
yep pretty much, cronyism at its finest
@JWC249
@JWC249 12 күн бұрын
What you described is technically closer to a ponzi scheme than a pyramid scheme. But both would be applicable.
@anushagr14
@anushagr14 12 күн бұрын
​@@KGBSpyGeorgeCostanzacronyism is different
@KGBSpyGeorgeCostanza
@KGBSpyGeorgeCostanza 12 күн бұрын
@@anushagr14 how so? I think it's synonymous with capitalism
@anushagr14
@anushagr14 12 күн бұрын
@@KGBSpyGeorgeCostanza cronyism is when you give power and money to your friends, family or allies.
@Terrobility
@Terrobility 12 күн бұрын
Also worth mentioning is the whole David Dobrik drama. He got his MCN to flag videos that incriminated him through Content ID and automatically submit worldwide blocks on them. Only MCNs wield these kind of powerful tools!
@Jameskii
@Jameskii 12 күн бұрын
Still haven’t gotten paid months worth of revenue, been making videos for free for a half a year now pretty much
@XZEL1210
@XZEL1210 12 күн бұрын
Good.
@yea-gi9kl
@yea-gi9kl 12 күн бұрын
Hope people talking about their experiences will fix things for you guys, these people need to pay creators their cash
@yea-gi9kl
@yea-gi9kl 12 күн бұрын
@@XZEL1210 Mad was a vermin
@zeening
@zeening 11 күн бұрын
pretty dumb why keep doing it if they're not paying you? o.O or post them somewhere else? if they're voiding the contract then who cares?
@mariuszmoraw3571
@mariuszmoraw3571 10 күн бұрын
Make joint court case with other KZbinrs against them? I'm pretty sure you ain't only one.
@Rawry92
@Rawry92 12 күн бұрын
Bruh, this is why i love this channel, doing the right thing for people who need a break by shedding a light on scummy companies trying to exploit content creators. I wish u happiness and success in ur life bro. Please continue ur great work.
@OldDogLearnNewTricks
@OldDogLearnNewTricks 12 күн бұрын
This is why I haven't gotten serious with youtube or twitch. Imagine having house payments, etc, and this happens. A late payment won't make Omnia look bad, it will make them look bad. Putting your livelihood in the hands of ad revenue never felt right to me.
@Dendricklystable
@Dendricklystable 12 күн бұрын
That's the danger with self employment
@f1champ551
@f1champ551 12 күн бұрын
And I am now using livestreaming as a hobby to the point that I post a link in the description below for app referrals because I don't want to earn money on ads that if I get in trouble with KZbin or anyone else, I can get popped... Nope, can't do it.
@vorpled
@vorpled 12 күн бұрын
There are zero videos on your channel. Are you sure this is the main reason?
@f1champ551
@f1champ551 12 күн бұрын
@@vorpled mine? I have videos from a year or so ago but if you didn't see it, I mostly do streaming tho.
@f1champ551
@f1champ551 12 күн бұрын
@@vorpled edit: not about mine, I'm sorry for that.
@voidbinary
@voidbinary 12 күн бұрын
This issue comes down to different factors, it isn't as simple as blaming one party. KZbin policy changes back in 2018 impacted MCNs heavily. Content Creation itself and the change in revenue streams affected this. It's not like MCNs back then making contracts for a set of years are able to see the future. Issues with MCNs existed already as far back as Machinima Now, this does not come as a defense for Omni or other similar MCNs. But this really isn't as simple as "just sue" / "just pay me"; this ofc shouldn't be an excuse for failing business decisions. More often than not though business gets really complicated for dumb reasons through corpo. Just try to imagine the chaos of the following. With example of Rooster Teeth. 2012 - Google invests $35 mil into Machinima (first open backed content company afaik) ~March 2014 - Warner Bros led $18 mil funding round for Machinima April 2014 - AT&T + Chernin Group establish Otter Media ~Sep 2014 - Otter Media buys majority stake in Fullscreen (AT&T strategic investor) ~Nov 2014 - Fullscreen acquires Rooster Teeth ~June 2018 - Time Warner (parent of Warner Bros.) acquired by AT&T ~Dec 2018 - Otter Media restructures Fullscreen, pledging changes at Rooster Teeth. Machinima to be subsumed into Fullscreen. ~April 2021 - AT&T was looking to sell Rooster Teeth, but got included in the merger that formed Warner Bros. Discovery 1 year later in April 2022. ~March 2024 - Rooster Teeth shut down. Just imagine the absolute shitfest of corpo playing chess, shifting strategy, workforce, layoffs, firing/hiring, replacing key figures, key figures leaving, transit phase due to acquisition, plans not being realized because oh shit another acquisition. This is what fcks up a lot in general with companies. Same reason why CrunchyRoll is in a predicament.
@vorpled
@vorpled 12 күн бұрын
If MCNs made long-term contracts with creators, this was done to lock creators to them, betting that things wouldn't change. That is still their fault.
@FlamespeedyAMV
@FlamespeedyAMV 12 күн бұрын
Capitalism at work
@voidbinary
@voidbinary 12 күн бұрын
@@vorpled Oh without a doubt contracts were made to lock certain creators in. But that intent can be said about most other contracts. At the same time, one could also argue about the fact that many creators do not bother to actually get their contracts legally checked. Be it because they are new and easily persuaded or otherwise. The MCN is absolutely to blame for the most part. But again it's not just the fault of them alone, it's the result of a convoluted shitfest to say the least.
@zeening
@zeening 11 күн бұрын
@@FlamespeedyAMV literally, idk what a better alternative is but everytime i hear people screech about how great capitalism i hope they lose their job to corporate shenanigans and can't find another one.
@FlamespeedyAMV
@FlamespeedyAMV 11 күн бұрын
@@zeening Nationalism is better way forward
@77696b
@77696b 12 күн бұрын
FINALLY A COLLAB WITH THE VOID!
@the_hybrid_conqueror6407
@the_hybrid_conqueror6407 12 күн бұрын
that "oh" said a lot
@knection1986
@knection1986 12 күн бұрын
So "goodwill" is just a made up buff that can show up on a balance sheet and is not actually tangible in anyway. Why is this even legal????
@anushagr14
@anushagr14 12 күн бұрын
Goodwill is more like a premium that is charged by a company on the basis of its market position. And there are ways to calculate it. Though it can manupilated like any other thing in accounting if they handpick companies to compare.
@rusi6219
@rusi6219 10 күн бұрын
It's just another scummy concept that's given a nice name so that you find it acceptable
@evillecaston
@evillecaston 12 күн бұрын
You're telling me that yet another MCN is shady? Nobody could have ever seen this coming.
@zachweber5410
@zachweber5410 12 күн бұрын
I will always appreciate your content muta. Ik this will get lost in the comments but i just wanted to vent a little bit. Even when i dont know or understand what you’re talking about just throwing on your newest upload makes my day when i get off of work. Life has been tough for me lately but your videos are still one of the few things that can lighten my mood.
@MorningStarMidnightSun
@MorningStarMidnightSun 12 күн бұрын
He’s the perfect combination of “knows _exactly_ what he’s talking about” and “absolute goofball” that makes is uploads so enjoyable, even if it’s some jargon-based cyber-security computer building thing I don’t understand, I just love his presence to brighten the air of dark around me. Best wishes for you, fellow Ordinary Gamer. Despite the multitude of simply awful days, there will still _always_ be good ones, still be good moments in the future that are worth sticking out for. Even if it’s just to watch the 20-minute Muta upload he has out in 6-weeks from now, it will be an absolutely fantastic vid you simply can’t miss surely, and I hope to see you there & perhaps even in much better spirit!! Who knows dude, but we gotta be there to see if it happens; and never feel guilty for relishing in it when it’s you who makes that choice to show up🤍
@Shino_VT
@Shino_VT 12 күн бұрын
Bro, giving me Maker Studios PTSD. I was in their smaller creator division when I joined the MCN, and there was so much sketch BS that went on, especially around the Disney XD and Spark program they hosted. People not getting paid, banks freezing creator accounts, it was insane all the stuff I saw and had to deal with. I even had to personally dig for information deep into Disney business management because the folks at Maker wouldn't tell us anything and give us the runaround.
@jessets94
@jessets94 12 күн бұрын
Oh..
@TheGeneratedNarukami06
@TheGeneratedNarukami06 12 күн бұрын
... Didn't expect that he said like this. :)
@aethertoast4320
@aethertoast4320 12 күн бұрын
I disagree on wishing well for the company. If you act like this, especially if you start threatening instead of paying your company deserves to go under after everyone gets paid
@ninavale.
@ninavale. 11 күн бұрын
It seems to be a standard. A company is boasting publicly about how great they're doing and how they're growing. But then turn around and either lay off or refuse to pay their employees. Citing hard times and troubles. Both things are kinda mutually exclusive. You either do well or you don't. so whichever way you slice it they are lying.
@marzanielus9548
@marzanielus9548 12 күн бұрын
Oh no.
@CinderellaCostallas
@CinderellaCostallas 12 күн бұрын
what I've learned being on youtube all the way back to the machinima days is to never be a part of a network, at all. It has never ended well, ever.
@iyeetsecurity922
@iyeetsecurity922 11 күн бұрын
KZbin is hurting KZbinrs.
@themissingsamurai
@themissingsamurai 12 күн бұрын
bro the "oh" when he hoverd over the scumpletioniest was funny
@Grexxn
@Grexxn 12 күн бұрын
Thank you, Mutahar, for enlighten us about this situation! Looking forward to the investigation-video about it 😉
@catserver8577
@catserver8577 11 күн бұрын
It's very helpful to hear your explanations so that I don't just have to tell my husband when his favorite KZbinrs are MIA "I think KZbin is doing...something...lately.".
@sunla
@sunla 12 күн бұрын
Had a similar situation with a company I was an independent contractor for. They had me travel and shoulder the expenses with reimbursement on them, which wasn't taken care of, plus, what they owed me wasn't paid for months. They did catch up, but they haven't hired me for any jobs since the start of the year, and I have mixed thoughts about that.
@ac31048
@ac31048 12 күн бұрын
"You give us 100% of your money and we give it right back." Sounds like taxes which are also a lie.
@Mathias_D
@Mathias_D 12 күн бұрын
They should have quesioned where they got the part of the pay check They spent
@Dualism97
@Dualism97 12 күн бұрын
Enthusiast Gaming relaunched a platform that covered esports news called Upcomer, that previously shut when its old owners signed writers, terminated contracts, made them re-sign contracts, then terminated them again all within a month of bringing in new writers to the team. In that time, the original editor left and a new editor who is now an award-winning journalist was sending emails constantly implying people would need to get views or lose their jobs, before going on to cry about the company once they also cut his contract and it no longer paid to be their lapdog. The relaunch saw them sign big name writers in the space on hugely inflated salaries, then eventually letting them all go as it wasn't sustainable and they wanted to pivot the content to video, despite that side of the content they never wanted to focus on, which led to a now-dead KZbin channel to add the the pile of failed ventures. The website now, instead of being an 'esports platform with a focus on quality over quantity', is doing the same SEO content every gaming outlet has moved to as that is what gets clicks and requires minimal effort and writers who won't need a high salary to produce bespoke content. Enthusiast just can't help but destroy what they touch, but the decisions they make are rarely stable in the first place in ANY space they're in.
@IncendiarySolution
@IncendiarySolution 12 күн бұрын
Why do i keep on hearing "As of a day ago" as "As a bidet ago"
@Habadacus405
@Habadacus405 12 күн бұрын
🧢🧢🧢🧢
@kitarikitsuga
@kitarikitsuga 12 күн бұрын
When you have a Contract with a company, and part of that Contract includes your payment, then when the company breaks their side of the agreement, then the whole contract should be Null and void. The company broke the contract when they stopped paying, so the contract keeping you silent is broken too
@Skuttleskull
@Skuttleskull 12 күн бұрын
when Muda drops a 30 min vid you knoooooooow its something spicy
@vorpled
@vorpled 12 күн бұрын
KZbin should have a far more proactive system for protecting creators given that they force them into this situation. MCNs should have to pay a large bond payment to held in a trust equal to at least one or two payments per creator. KZbin's contract with the MCN should include provisions to break a contract on the creator's behalf.
@KL53986
@KL53986 11 күн бұрын
I love how Muta said "oh" On completionist. I agree Mura, I also didnt forgot after 6 months
@theironfro6395
@theironfro6395 12 күн бұрын
Sorta glad I got an ad after that email read. I needed a breather after that lol! Intense.
@theforkedman3030
@theforkedman3030 12 күн бұрын
Sounds like an easy lawsuit. Looks like if a class action lawsuit started some huge/well known KZbinrs would be apart of it. For those who don't know never sign a contract that says you can't speak about what's happened to you or anything that implies your silence.
@endless3cho
@endless3cho 12 күн бұрын
Every time I see Mutahar and his channel I'm reminded they're one and the same. 😊
@gregoryolenovich6440
@gregoryolenovich6440 10 күн бұрын
Absolutely love this channel, love the work you do, love the passion you have. For the love of God, please stop hitting your table while recording. It drives me absolutely insane. Keep doing every single thing you do with the lone exception being hitting your table.
@bio7377
@bio7377 12 күн бұрын
I was eating pizza and when you scrolled over the completionist and went oh i almost inhaled it all laughing and nearly died 😂🤦‍♂️
@TheeGlocktopus
@TheeGlocktopus 12 күн бұрын
"Oh."
@Lost.Yeti.315
@Lost.Yeti.315 12 күн бұрын
"Oh." I laughed way too damn hard at this moment Muta.
@CuruptedCR
@CuruptedCR 12 күн бұрын
I really like the blurred cyberpunk stills as pause images
@TehObLiVioUs
@TehObLiVioUs 11 күн бұрын
muta keeps bumpin the mic thought i was goin crazy hearing background noise for a sec lmfao
@section7173
@section7173 12 күн бұрын
Online personalities won't have to be worried about their income soon enough. Revolution is upon us.
@JOBdOut
@JOBdOut 11 күн бұрын
"Speaking publicly about these matters are a breach of contract" - so is repeated failure to issue payments. How quick companies are to forget that.
@ultimaIXultima
@ultimaIXultima 12 күн бұрын
Love when these two pair up - always a good "grab some popcorn" moment!
@Aitch26
@Aitch26 8 күн бұрын
Goodwill is basically just the premium between what you paid and the value of net assets for your stake/percentage in companies you acquired. If you overpaid then it's not really based on anything. It gets allocated to cgu's based on synergies between companies. When a cgu is impaired (carrying amount exceeds recoverable amount). It gets allocated to goodwill first before any tangible assets in that cgu. recoverable amount is higher of fair value or estimated net future cash inflows, which have tanked. It's not looking good. The biggest issue i see is that while they're still solvent. they aren't liquid since current liabilities exceed current assets which puts their going concern assumption at risk, especially since they have to pay a 70 mill debt within the next 12 months. Their statement of profit/loss will be interesting to deduce where they're headed since future loans or investments ain't likely
@spohn24
@spohn24 11 күн бұрын
As an accountant I love this kind of content!
@maaniekgupta2787
@maaniekgupta2787 11 күн бұрын
When he said 'oh', I felt that.
@maxwellbabigian
@maxwellbabigian 12 күн бұрын
the whole foundational business model seems like it's beyond easy for an initially legit business to slide into becoming a straight up ponzi in the blink of an eye... millions of dollars of monthly pass through revenue that they can't touch in 100-0 deals with big creators, it's not too hard to imagine all the ways that could happen. i wonder whether or not if we'll ever find out if something like that's happening here or if there's just a bit of your run of the mill internet business shady mismanagement going on, and after payments go out the situation just quietly disappears. also, seems weird to me as a non-youtuber that there aren't 2 separate agencies that creators contract - 1 for deals and legal/paperwork stuff and 1 for the money side of things, but i'm stupid so maybe that's dumb and I just don't know why...
@whenurefree
@whenurefree 12 күн бұрын
Leon is a G! Great work to both of you and Coffee!
@ComplacentOtter
@ComplacentOtter 10 күн бұрын
This sounds so much like a building with 4 sides at the base that rises to come to a single shared point.
@John223
@John223 11 күн бұрын
0:53 you know he's pleased with that joke 😂 he giggled a little bit on that one for sure
@Jarrod2024
@Jarrod2024 11 күн бұрын
I think Good will, is like the black card everyone needs.. so paying above and beyond, dropping in a vintage whatever in return u could almost get any thing in the world like a Ferrari waiting list, extra incentives to you for your work not to go down and long as ur" monthly donations to good will"increase ur all seg
@pistolmastertequila
@pistolmastertequila 12 күн бұрын
Damn a bunch of banger creators are under this MCN, I hope they get it all sorted out.
@stickmandaninacan
@stickmandaninacan 12 күн бұрын
A bunch of banger creators and "Oh."
@Joaquin__
@Joaquin__ 12 күн бұрын
new fire fox logo crazy
@TimPortantno
@TimPortantno 10 күн бұрын
I'd say the KZbinrs should all band together and hire a legal team for all of them(and reduce the risk by a lot), except I'm pretty sure the money is just gone now...
@OfficialReapGaming
@OfficialReapGaming 11 күн бұрын
laughable that’s these folks trust strangers with their money. “Oh let me put this company between me and my checks from KZbin” “Oh shucks they’re not paying me my money, who woulda thunk it?”
@Sarge-at-Large
@Sarge-at-Large 11 күн бұрын
The way Muta discussed some of these concepts was incomprehensible lol 😅
@hiddenshadow2105
@hiddenshadow2105 9 күн бұрын
This is not a healthy balance sheet. You are right on the trajectory, it doesn't look good at all.
@celticlightning9703
@celticlightning9703 12 күн бұрын
The comedic timing when seeing The Completionist as one of the creators with Omnia was spot on. 😂
@chri5wyd367
@chri5wyd367 12 күн бұрын
Ominous Media. WHY do creative people use these creeps?
@ginnygin7141
@ginnygin7141 12 күн бұрын
Can the creators even breach a contract if its already been breached by the company because of failure to pay?
@TheDendran
@TheDendran 12 күн бұрын
24:40 Did I hear a distinctive "Lords Mobile cancel out of a menue" sound?
@Roadent1241
@Roadent1241 12 күн бұрын
There was definitely something. Don't know the game myself. That's an interesting way to spell menu, I quite like it with an added e.
@thevalorousdong7675
@thevalorousdong7675 11 күн бұрын
"We can't pay you, but we can pay lawyers to sue you for talking about us not being able to pay"
@collincreeden2862
@collincreeden2862 11 күн бұрын
As someone that works in finance, i enjoyed the way he said amortized 25:15
@AFrickingCasual
@AFrickingCasual 12 күн бұрын
The saying "if something sounds too good to be true, it probably is" continues to prove to be the wisest YouTubing advice I've heard.
@saigyl9149
@saigyl9149 12 күн бұрын
it makes no sense that all the money has to go through the MCN before any of it goes to the channel
@bloodmoonangel8925
@bloodmoonangel8925 12 күн бұрын
KZbin has been hurting KZbinrs longer than any other company 😎
@4P0CA1YP5E
@4P0CA1YP5E 12 күн бұрын
History has proven that if a business is no longer making on-time payments then said business is most likely failing.
@marvinochieng6295
@marvinochieng6295 10 күн бұрын
i usually sit and think to myself. If they do this to a frustrated person who worked honestly and is then denied his money, would it be morally ok to just b0mb the omnia building ?
@Dodgemod
@Dodgemod 12 күн бұрын
suddenly they cared about themselves, and they are worried. companies are dumb
@jason2mate
@jason2mate 12 күн бұрын
Just to be clear, Goodwill should basically never be an asset that is the lionshare of a company, if you are looking to buy a company and see on their balance sheet that 50% of their VALUE is goodwill, it's basically bullshit, especially when you go to the shareholders equity portion of the balance sheet and notice the Deficit column and see the company clearly running at a loss. Goodwill is basically designed to be a minor percentage (read less then 10%) designed to show the worth of a brand.
@robertnapier624
@robertnapier624 12 күн бұрын
Hovers over completionist: oh.
@KGBSpyGeorgeCostanza
@KGBSpyGeorgeCostanza 12 күн бұрын
Muta's reaction to the Completionist on their page
@cjmc17
@cjmc17 12 күн бұрын
Their logo looks like a minimalist version of the firefox logo…
@gcfreak898
@gcfreak898 11 күн бұрын
This is wild. I hope the creators get paid.
@CkyGuy69
@CkyGuy69 12 күн бұрын
I didn't know u and Leon teamed up I gotta check that out
@ryuno2097
@ryuno2097 12 күн бұрын
history is bound to repeat itself, people don't learn from the MCN situations of the past. These MCN's need you more than you need them.
@carraradezembronatal
@carraradezembronatal 12 күн бұрын
0:55 can't wait for him to come public about someone holding his money... 🤣
@just-yellow
@just-yellow 12 күн бұрын
can someone tell me what is written on Muta's yellow shirt?? I've seen him wear it MULTIPLE times, but I can never really tell what is written/what brand it is
@johnnybensonitis7853
@johnnybensonitis7853 12 күн бұрын
Man, I remember the days when these guys used to be considered "the good guys" in the whole MCN game. How the mighty have fallen...
@hearthfireheart1659
@hearthfireheart1659 12 күн бұрын
That "oh" killed me
@IT10T
@IT10T 12 күн бұрын
"Now that we have paid you, that previous statement is a misrepresentation and should be removed." Yeah right...
@RadnLadd
@RadnLadd 12 күн бұрын
For a second I thought the title said "hunting youtubers" and was really concerned.
@Friendly_Neigborhood_Astolfo
@Friendly_Neigborhood_Astolfo 12 күн бұрын
I am still baffled people still sign on to these MCNs like there is no tomorrow. The definition of insanity.
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