5 Questions: “Our growth is directly related to our ability to successfully create multiple revenue streams,” CEO RJ Williams says
Young Hollywood, a digital media company that describes itself as “the source for exclusive celebrity video,” is increasing its focus on revenue beyond ad-supported video, according to CEO and founder R.J. Williams.
The company, which launched an OTT service in 2015, says it now reaches 150 million people per month — a significant increase from 2015, when it took the company an entire year to reach 150 million viewers. But for Williams, the path to revenue isn’t through video alone, but through a mix of video, licensing, e- commerce, tours, apparel and live events that he said has helped to double YH’s overall revenue in the last four years. (He declined to provide figures.)
About 20 percent of Young Hollywood&...