A European hedge fund just invested $30 million in a Christian-oriented video sharing site. The vast majority of Americans identify as Christian, and while the economy may be taking a nose dive, there’s still money to be made on Jesus.

Guardian:

A new website run from Plano, Texas, has proved that the Old Testament promise of manna from Heaven has relevance in the digital age.

GodTube, an evangelical twist on YouTube, its secular video-sharing equivalent, has generated so many hits that a London-based hedge fund has poured money into it. GLG Partners, which has no known religious affiliation, has backed GodTube with an investment of $30m. With almost 80% of the American population – about 240 million – describing themselves as Christian, there is a thriving market for the site.

Since its launch last August, GodTube has uploaded more than 100,000 videos, all with an overt religious theme. Broadcast Him is its slogan, though the site’s executives also employ the catchphrase Jesus 2.0.

Read more

 Your support is crucial...

As we navigate an uncertain 2025, with a new administration questioning press freedoms, the risks are clear: our ability to report freely is under threat.

Your tax-deductible donation enables us to dig deeper, delivering fearless investigative reporting and analysis that exposes the reality beneath the headlines — without compromise.

Now is the time to take action. Stand with our courageous journalists. Donate today to protect a free press, uphold democracy and uncover the stories that need to be told.

SUPPORT TRUTHDIG
In this Article:
#christianity#hedge fund#investment#jesus#religion#texas#youtube