The Arena Group

Jump to Last Post 1-16 of 16 discussions (39 posts)
  1. Jodah profile image86
    Jodahposted 2 years ago

    Check out this:

    https://www.businesswire.com/news/home/ … er-of-2022

    "Third Quarter 2022 And Nine Month Financial and Operational Highlights

    Total revenue for the third quarter was $66.7 million, the largest quarterly revenue in Company history and $180.0 million in revenue for the first nine months, a 41% increase.
    Digital advertising revenue increased 56% in the third quarter to a record $28.5 million from $18.3 million in the third quarter of 2021."

    1. Miebakagh57 profile image85
      Miebakagh57posted 2 years agoin reply to this

      The company doing well indeed. We writers are receiving on the tail side.

    2. Kenna McHugh profile image84
      Kenna McHughposted 2 years agoin reply to this

      I hope they spend some of that wealth on making HP could and used to be.

      1. Miebakagh57 profile image85
        Miebakagh57posted 2 years agoin reply to this

        But could they? Wondering.

  2. ravirajan01 profile image80
    ravirajan01posted 2 years ago

    Looks like it is doing well.Question is whether writers would get any benefit out of this windfall profit ?

    1. Brenda Arledge profile image80
      Brenda Arledgeposted 2 years agoin reply to this

      Be nice if they'd give us a Christmas bonus...but I think I'm dreaming.
      Nice dream though

      1. Joseph Mordente profile image71
        Joseph Mordenteposted 2 years agoin reply to this

        That would be a Christmas miracle indeed lol

  3. Jodah profile image86
    Jodahposted 2 years ago

    Exactly my question, Ravi. You would like to think it would pass down.

  4. ravirajan01 profile image80
    ravirajan01posted 2 years ago

    yes John the other interesting thing is this

    "The Company continues to expand its partnerships signing 24 new publishing partners, adding millions of new users, impressions and revenue and profit at little-to-no incremental cost to the Company."

    Will this signing of new partnerships and adding of new users help us in at least get some more traffic and maybe more opportunities ?

    1. bravewarrior profile image86
      bravewarriorposted 2 years agoin reply to this

      Notice it says, "...at little-to-no incremental cost to the Company."

      I highly doubt they're interested in increasing cost, which would be the result of increasing authors' share of the pie.

  5. eugbug profile image68
    eugbugposted 2 years ago

    Can we have a piece of that?

  6. PaulGoodman67 profile image68
    PaulGoodman67posted 2 years ago

    Big revenues can sound impressive, but really it's the net profit/loss figure that ultimately matters. They've reduced their annual net loss, which is impressive for a media/tech company.

    That's how I understand it, anyway. It can often be a mistake to focus on revenue figures, even though they get touted.

  7. alahiker28 profile image78
    alahiker28posted 2 years ago

    We should ALL be asking a lot of questions at this point. I am asking but not getting much in the way of answers. In fact, it almost feels like asking means getting penalized.

    1. Miebakagh57 profile image85
      Miebakagh57posted 2 years agoin reply to this

      Does your last sentence holds water? Thanks.

  8. Misbah786 profile image75
    Misbah786posted 2 years ago

    Companies always win and make money, and to be honest, they don't care whether or not someone writes for them. They would have responded to the earlier threads posted by various HP authors if they cared. There is an ocean of writers, and the company doesn't care about who comes and goes! It may sound harsh, but it is true. Just my two cents! smile

    I posted this nine months ago:
    https://hubpages.com/community/forum/35 … ou-invest-

    1. eugbug profile image68
      eugbugposted 2 years agoin reply to this

      Well I suppose that is capitalism. Companies exist to make money for owners and shareholders. The alternative is communism.

      1. Misbah786 profile image75
        Misbah786posted 2 years agoin reply to this

        It is 2022! Nobody gives a damn! I once received a warning that they would delete my account because I had a minor issue with someone in the forums. It has nothing to do with my writing. What would you call it? I don't care what they do or don't do. I'm done with that! I enjoy the community here, which keeps me coming back. Screw "money" and "network sites"!

        1. AliciaC profile image95
          AliciaCposted 2 years agoin reply to this

          I agree with Misbah that the community aspect of this site is enjoyable. If someone needs extra money, though, it’s sad to compare the financial situation in the past with the one that exists today.

          1. Misbah786 profile image75
            Misbah786posted 2 years agoin reply to this

            Thanks for your continued support, Linda!  Much appreciated!
            You are one of my biggest supporters and a wonderful friend. smile
            Love and Blessings! ❤️

            1. AliciaC profile image95
              AliciaCposted 2 years agoin reply to this

              I have enjoyed your online friendship too, Misbah. Best wishes to you.

              1. Misbah786 profile image75
                Misbah786posted 2 years agoin reply to this

                Thank you, Linda! smile

      2. alahiker28 profile image78
        alahiker28posted 2 years agoin reply to this

        If there are no quality writers (because they all left), there will be no quality readers. That's capitalism also!

        1. Misbah786 profile image75
          Misbah786posted 2 years agoin reply to this

          +1

  9. Jodah profile image86
    Jodahposted 2 years ago

    I'd be interested in opinions on this:

    "In the HubPages business, the Company’s content playbook has now expanded across 10 sites, with plans to double the number of sites in 2023. As a result of this strategy, the Company’s total HubPages monthly average pageviews in Q3 were 88.2 million, up 92% from the prior year." ~ Ross Levinsohn

    1. bravewarrior profile image86
      bravewarriorposted 2 years agoin reply to this

      So, why are our individual revenues taking a major dive? Shouldn't our payouts come sooner and at an increase of 92% or at least close to the mark?

    2. alahiker28 profile image78
      alahiker28posted 2 years agoin reply to this

      My earnings certainly don't reflect this. I would love to get my eyes on several things that we don't see or know.

      1. Jodah profile image86
        Jodahposted 2 years agoin reply to this

        Wouldn’t we all.

        1. alahiker28 profile image78
          alahiker28posted 2 years agoin reply to this

          It's clear that what we signed up for a decade or more ago is not what we have today. Even product promotions require personal testimony now. Why shouldn't we be rewarded for promoting a product like influencers are paid to promote traffic? We are expendable in terms of capitalism only when we tolerate our dispensability. My guess is that HubPages is making so much money off of ads right now they could careless how we feel, but at some point competition will force them to change their business model once again. Writers just roll with the punches, don't we? What if we lived in a world where freelance and content writers signed a contract for their product? That's where they got us. They never gave us a guarantee so they can do anything they want. In fact, they told us that we'd make pennies while promoting the earnings of a selected few.

  10. Jodah profile image86
    Jodahposted 2 years ago

    That's food for thought, Shauna.

  11. ravirajan01 profile image80
    ravirajan01posted 2 years ago

    " the Company’s total HubPages monthly average page views in Q3 were 88.2 million, up 92% from the prior year."

    If the pageviews have increased by 92%, then ideally, it should be reflected in the hubs written by writers. But strangely, it is not happening to that extent. Maybe the views are only increasing for specific niche sites/markets. This is undoubtedly something that needs to be analyzed.

    1. eugbug profile image68
      eugbugposted 2 years agoin reply to this

      Maybe they mean Discover.Hubpages.com views and not network site views? Statistics as we know can always be twisted to make things look good.

      1. PaulGoodman67 profile image68
        PaulGoodman67posted 2 years agoin reply to this

        Yes, the number of articles in hubpages.com and Discover grow and grow. Even though much of the material is crap, they will provide some more overall traffic.

        Adding new network sites, like the crime one, will also add overall traffic.

        Neither of the above generally helps our traffic in the (older) niches, but it all sounds good.

        Just as quoting big revenues sounds good when you're losing money... big_smile

  12. ravirajan01 profile image80
    ravirajan01posted 2 years ago

    Yes Eugene that can very well be the case

  13. Eurofile profile image71
    Eurofileposted 2 years ago

    I have recently been concerned that HubPages is in danger of closing. I based this assumption on plummeting page views, falling revenue for writers, respected writers leaving the site and a fall in the number of quality articles being published.
    Indeed, I am even wondering whether it is  worth publishing before Christmas, as views are so low.
    My friends query my loyalty. They are concerned that someone else is making money from our articles. These figures add credence to their arguments.
    But, as others have already said, it's the community, the friendship and support of other writers that keeps me here.
    That said, none of us like being taken advantage of. It's time that the writers should gain a reasonable share of the revenue. After all, where would sites like this be, if there were no more articles being written?

    1. Jodah profile image86
      Jodahposted 2 years agoin reply to this

      Your concerns are all valid, Liz. Community is what keeps me here as well..and some degree of optimism.

  14. Solaras profile image83
    Solarasposted 2 years ago

    Well looking at pethelpful, the news is grim.  May - March 2021 we were getting just under 3 million views monthly.  Now it is down to 1 million.  The Spruce pets are getting 5 million monthly views.  So they can come out of nowhere and beat the pants off of us. 

    All but one of their ads is off to the right, so the user experience is superior. The content, however, is inferior.

    Cramming ads into our articles is killing that niche site, and we get no benefit from the grotesque overabundance of advertisements. It's hopeless.

  15. profile image0
    Vladimir - Val Karasposted 2 years ago

    I totally agree with those two great friends of mine, Misbah and Linda -- and with no bitterness whatsoever, which sems to be much expressed here -- I agree with the position of the company. It's their business, not ours, the system was here before we were born, so who are we to question anything. We are free to go if we don't like it. If we were in their shoes, most of us would do as they are doing. They are the brains of the company, we are just trying to appear brainy. As for me, how could I leave all these fine people who love me so much! Ooops! Sorry, I've done it -- twice, closed my account. When I left, the company didn't say: "Sorry to see you leave" -- and when I came back, they didn't say: "Welcome back". Shit! I expected some brass music!

    1. Brenda Arledge profile image80
      Brenda Arledgeposted 2 years agoin reply to this

      Sorry brother...
      I always say welcome back...as for the people to be at Hubpages...I can't speak for them.

      Did they ever send a message...sorry we lost you?

      I doubt it.

      But as for me...and the rest of us...we are glad you are back.

      As for view & money....we are both Still waiting...
      It's kinda like waiting to win the lotterry...
      But we're giving so much more.

  16. profile image0
    Vladimir - Val Karasposted 2 years ago

    Brenda dear -- I remember you said "welcome back", so did John, and I appreciate that. Honestly, I never expected anything like that from the company, I even see it as naive, and there is not even a trace of bitterness there. I see my relation with them as strictly official, there is no sentiment there. I write, they publish. Sometimes I get an impression that they are cutting our views, but that's the satiric in me, and I don't claim anything for which I have no proof. Other than that, cents are collecting, they look ridiculous, but what a heck, it's my decision, they are not forcing me to hang around -- so I just have my fun writing and reading what you guys write.

 
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