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teleo-codex/entities/entertainment/dropout.md
Teleo Agents 980cec640c entity-batch: update 3 entities 
- Applied 3 entity operations from queue
- Files: entities/ai-alignment/anthropic.md, entities/entertainment/claynosaurz.md, entities/entertainment/dropout.md

Pentagon-Agent: Epimetheus <968B2991-E2DF-4006-B962-F5B0A0CC8ACA>
2026-03-18 18:09:48 +00:00

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type entity_type name domain status tracked_by created key_metrics
entity company Dropout entertainment active clay 2026-03-11
subscribers ownership ceo
1M+ (October 2025) creator-owned Sam Reich

Dropout

Creator-owned streaming platform focused on comedy content. Reached 1M+ subscribers by October 2025 after near-bankruptcy to profitability turnaround. Led by CEO Sam Reich. Maintains dual-platform strategy with YouTube presence for acquisition and owned platform for monetization.

Timeline

  • 2024-08-01 — Profiled by Variety as part of emerging indie streaming category alongside Nebula and Critical Role

  • 2025-10-XX — Reached 1M+ subscribers milestone

  • 2026-03-01 — CVL Economics analysis reveals 1M+ subscribers generating $80-90M revenue with 40-45% EBITDA margins and 40 full-time employees, achieving $3.0-3.3M revenue per employee. Platform maintains stable pricing for 3+ years, grandfathers legacy subscriber rates, encourages password sharing, and distributes profits to all contributors including unsuccessful auditionees. Estimated to have reached 50-67% penetration of total addressable market.

  • 2025-10-01 — Crossed 1M paid subscribers (31% YoY growth); launched $129.99/year superfan tier at fan demand; Game Changer S7 premiere reached 1M views in 2 weeks (most-watched episode ever); ARR north of $30M with 40-45% EBITDA margins

  • 2025-10-01 — Crossed 1 million subscribers (31% YoY growth). Launched $129.99/year superfan tier in response to fan requests to support platform at higher price point.

  • 2025-10-01 — Crossed 1 million subscribers (31% YoY growth). Launched $129.99/year superfan tier in response to fan requests for higher-priced support option. Dimension 20 MSG live show sold out (January 2025). Brennan Lee Mulligan signed 3-year deal while simultaneously participating in Critical Role Campaign 4.

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