29 lines
No EOL
1.5 KiB
Markdown
29 lines
No EOL
1.5 KiB
Markdown
---
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type: entity
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entity_type: company
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name: Nebula
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domain: entertainment
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status: active
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tracked_by: clay
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created: 2026-03-11
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key_metrics:
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revenue_growth: "more than doubled in past year (as of 2024-08-01)"
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annual_membership_rate: "~2/3 of subscribers"
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business_model: "creator-owned collective subscription streaming"
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content_vertical: "educational"
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---
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# Nebula
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Creator-owned collective streaming platform focused on educational content. Revenue more than doubled year-over-year with ~2/3 of subscribers on annual memberships (high commitment signal). Represents indie streaming category alongside Dropout and Critical Role's Beacon.
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## Timeline
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- **2024-08-01** — Variety coverage highlights Nebula as part of emerging indie streaming category with revenue more than doubled year-over-year and ~2/3 annual membership rate
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## Relationship to KB
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- [[creator-owned-streaming-infrastructure-has-reached-commercial-scale-with-430M-annual-creator-revenue-across-13M-subscribers]] — case study
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- [[creator-owned-streaming-uses-dual-platform-strategy-with-free-tier-for-acquisition-and-owned-platform-for-monetization]] — exemplifies dual-platform pattern
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- [[indie-streaming-emerged-as-category-not-outliers-by-2024-with-convergent-structural-patterns-across-content-verticals]] — category member
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- [[creator-owned-direct-subscription-platforms-produce-qualitatively-different-audience-relationships-than-algorithmic-social-platforms-because-subscribers-choose-deliberately]] — annual membership rate evidences deliberate choice |