Creator Caucus launches in Congress with support from Patreon, YouTube

Representatives Yvette Clarke (D-NY) and Beth Van Duyne (R-TX) launched the bipartisan Congressional Creators Caucus on Thursday, which aims to support the creator economy. Though it once seemed like a pipe dream to make a living on the internet, this industry has become a reality — Oxford Economics estimates that YouTube’s ecosystem alone powered over 390,000 full-time equivalent jobs in 2022, while Goldman Sachs estimates that the creator economy could be worth half a trillion dollars by 2027. But the U.S. government doesn’t have much regulatory oversight or understanding of the creator economy as it stands, leaving creator businesses in a bind. “As digital content creators’ online presence continues to reach billions globally, Congress must work to ensure resources and protections are in place to support their success in this new era of start-ups,” Representative Clarke said in a statement. Matthew Patrick (MatPat) and Stephanie Patrick, who founded the popular digital productio ... Read full article.