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Snapchat cash is no joke for the media

Snapchat may be fun for users, but the app is starting to mean serious money for the media.  Numerous publishers are making hundreds of thousands of dollars per year on Snapchat, with a select few bringing in tens of millions, according to multiple people familiar with the matter. These profits come at a crucial time, as the media industry’s patience in platforms such as Snapchat, Facebook and YouTube has been waning due to tepid monetization. …

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Source – Mashable:
Snapchat cash is no joke for the media

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