The Rise of Faceless Social Media Accounts

2023-10-19โ€ขTrends VCโ€ขShare on Twitterโ€ขShare on Linkedinโ€ขCopy link

Summary:
  • Big media companies are recognizing the value of faceless social media accounts and acquiring them to reach new audiences.
  • This trend is driven by the desire to diversify content offerings and tap into the engaged communities built by these accounts.
  • For example, Warner Music Group acquired Daquan, a popular faceless social media account, for $85 million.
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