Mrbeast, the 27 -year -old YouTube, is known for his challenges and Juda, wandering in a new world: he launches his phone company.
according to Business InsiderWho watched a leaked investor surface, Mrbeast plans to launch mobile phone service next year. Business Insider also reported that Mrbeast and Beast Industries are thinking about Fintech and Mobile Gaming.
The new YouTube plan includes the creation of a mobile phone operator (MVNO), a strategy that includes providing a mobile phone service using existing networks from major companies such as AT & T, T-Mobile and Verizon. Through partnership with one of these operators, Mrbeast can save reasonable prices and good service without high costs to build a mobile network on its own.
This is similar to the tactics used by other celebrities, such as Ryan Reynolds and Mint Mobile, Which was sold to T-Mobile for about $ 1.35 billion. T-Mobile provides MVNO solution and has previously collaborated with Mrbeast.
The next project is part of the largest Mrbeast strategy to expand its brand, which includes food feast companies, as well as a game line. The new phone company can help its business to reach profitability. Although Mrbeast has a huge base of fans with about 430 million subscribers in YouTube, his media works are not a money maker.
Last year, MRBEAST, FEASTALES, made $ 250 million of sales and more than $ 20 million in profit, according to Bloomberg. Meanwhile, his media works, which include his YouTube channel and Prime Video, lost approximately $ 80 million.
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