
Zealot Networks
closedDigital-first media company empowering entrepreneurs by delivering multi-revenue, distribution and development opportunities.
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investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
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$30.0m | Debt | ||
Total Funding | 000k |
Zealot Networks was established in August 2014 by Danny Zappin, the original founder and former CEO of Maker Studios, who served as president and CEO of the new venture. Zappin, an entrepreneur with a background in internet video creation since the early 2000s, co-founded Maker Studios in 2009, growing it into a major YouTube multichannel network before his departure in 2013. Leveraging his experience and capital from Maker's sale to Disney, Zappin launched Zealot with a significant initial investment of $25 million, backed by himself and over 15 former and current Maker Studios employees and talent.
Positioned as a "digital-first media company and growth accelerator," Zealot Networks aimed to empower creative entrepreneurs and talent by providing multi-platform revenue, distribution, and growth opportunities. The company's business model was a progression of the multi-channel network (MCN) concept, evolving into what Zappin described as a "multi-company network." This strategy focused on acquiring and connecting a portfolio of synergistic digital media companies with varied expertise to accelerate collective growth, rather than solely focusing on individual YouTube creators. The firm's revenue model involved acquiring companies and integrating them to offer comprehensive services to brands, content creators, and entrepreneurs across various passion-based verticals.
Headquartered in Venice, California, Zealot embarked on an aggressive acquisition strategy to build its ecosystem. Notable acquisitions included a majority stake in music licensing firm AudioMicro, social publisher ViralNova for a deal valued at up to $100 million, digital marketing agency Threshold Interactive, and Northside Media Group, among others. By late 2014, the company secured additional capital from UK broadcaster ITV, valuing Zealot at $100 million. However, by the end of 2016, Zealot Networks faced financial difficulties, and its website went offline in November of that year. Subsequently, some of its acquired assets, like ViralNova's parent company and AudioMicro, were sold off.
Keywords: digital media, growth accelerator, multi-company network, content monetization, creator economy, media acquisitions, brand marketing, online video, Danny Zappin, Maker Studios, ViralNova, digital distribution, talent management, social content, AdTech, media and information services, content creation, digital publishing, audience engagement
Tech stack
Investments by Zealot Networks
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