Moment House, a platform for digital live ticketed performance, has sold 140,000 tickets for 56 events since March 2021, The Verge has learned.
According to the report, the platform pays out creators six-figure checks for creators on average with the maximum payout reaching as high as $500,000.
Founded in 2019, the Los Angeles-based platform hosts the so-called "Moments" which are essentially live streams with ticketed access only. Creators are free to set themselves their own price rate per ticket as the platform charges a 10% service fee at checkout.
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Mike Muney, Head of Creator Partnerships at Moment House, said that the platform basically works well for podcasters as podcast audiences "have shown they're willing to do their part" in the development of Moment House.
To The Moon recently reported that Twitter is also working on a dedicated tab for podcasts in mobile apps to strengthen its presence in the social audio space. Mobile developer and researcher Alessandro Paluzzi wrote in a tweet that the social media giant is testing the feature between selected users.