Co-founders Steven Bartlett and Dominic McGregor have announced today they are to step down from their roles at Social Chain after six years.
CEO Bartlett and COO McGregor were just 20 and 21 respectively when they became founding members of the Manchester-based social media publishing and marketing company that has since grown to over 750 staff globally and has revenues forecast to hit $200 million this year.
Announcing his stepping down across social media this morning, Steven Bartlett said: “Social Chain was conceived on a small desk in the backroom of the uni I had just dropped out of in Manchester. I was 20, full of wild dreams, and I believed we could take on the world.
“What started as a crazy and sometimes ridiculed idea, in the mind of a few drop-out underdogs, at a time when people didn’t believe in the potential of this new thing called social media.
“As I write this, at 27, we have more than 700 Social Chainers around the world, a world-beating team, we went public last year, we are the best at what we do, and we’ve just posted record numbers. The company is showing unbelievable momentum and I remain Social Chain’s biggest fan, supporter, and believer.
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“I owe an unpayable debt of gratitude to my team, past and present – if it wasn’t for you, my board, our chairman, (and mum and dad), I would be nothing.”
Twitter – Steven Bartlett
In a post to LinkedIn today, Dominic McGregor added: “I’m deeply proud of everything we’ve achieved, the relationships we’ve made and the lessons learned,”
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“Social Chain is a very special company, the growth we’ve seen over the last six years has been quite frankly phenomenal, we recently posted record numbers, and based on some of the exciting things I’ve seen over the last year, the future promises to be even brighter than the past.
“This business has been my rock, even when I faced difficult times in my personal life. The purpose it gave me, and the people I worked with got me through – they gave me something to fight for and without it, and without them, I wouldn’t be the person I am today.”
LinkedIn – Dominic McGregor
The pair has overseen exponential growth throughout the past six years at Social Chain.
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The journey may have started with humble beginnings in Manchester, but Social Chain now has bases in London, Berlin, New York and Munich, and works with global brands such as Amazon, Coca Cola and Apple.
It claims an owned media reach of over 2 billion views a month.
Last year, the company merged with German online retailer Lumaland AG to become The Social Chain AG and list on XETRA and the Düsseldorf Stock Exchange, and it recently announced the largest acquisition in its history by taking a 51% stake in A4D Inc – a Southern Californian digital performance marketing agency.
It has been confirmed that Wanja S. Oberhof – currently Co-CEO of Social Chain AG – will retain his position as CEO upon Bartlett’s standing down.
You can find out more about Social Chain AG via its website here.
Business
Manc rock band left ‘broke as f***’ despite just finishing EU arena tour as industry concerns grow
Danny Jones
Manchester musicians Witch Fever have revealed that they are now almost completely “broke” despite having just finished touring with a major rock band on a lengthy arena run across Europe, as concerns continue to grow around shows in the EU.
Post-Brexit, it has become increasingly more difficult for UK bands not only to make money playing around the mainland but to even book support slots in the first place.
From more stringent visa requirements that limit the amount of time they can perform on the road, as well as other essential work permits, to tax, transport and wider logistics, almost every aspect of the live music landscape has become more complicated on the continent.
Unfortunately, ‘Doom-punk’ outfit Witch Fever is one of countless groups being affected by these issues; opening up on a recent podcast appearance, they said that this is simply “what the music industry is like at the moment.”
As you can see, speaking in the most recent episode of the 101 Part Time Jobs with Giles Bidder – a fellow artist as well as pod and radio host – two members of the local outfit put it as plainly as they could: “we’re broke as f***”.
Breaking things down into as basic terms as possible, bassist Alex Thompson said that while the “fees are [already] low, the costs are getting higher and higher” relative to what they can afford.
Thompson went on to admit that she is now relying on the remainder of her late mother’s pension to get by and that no one in the band can even get a steady enough job right now because they’re heading back out on tour again this March.
As explained by lead singer Amy Walpole, the band has only just finished supporting Danish veterans Volbeat, but any potential ‘profit’ from the two-months’ worth of shows is currently “stuck in withholding taxes across Europe” – a common problem for most British artists trying to play overseas right now.
Surprisingly, they even received a little bit of backlash on social media since the interview (which you can watch in full HERE) went live.
This just in, JK Rowling super fan celebrating us struggling coz the music industry is impossible rn because *checks notes* it’s karma for disagreeing with JKs views lol
It wasn’t long ago that the Witch Fever gang booked a big hometown gig here in the city centre, either, as their warm-up shows for Volbeat also involved a trip to the AO Arena back in November.
We’ve seen them live a couple of times now, and if those shows were anything to go by, we really think you should go see them on their upcoming tour.
As it happens, we put them on our artists of the month round-up in January 2024, and they’ve only got bigger since then; it’s more important than ever that we support rising bands and grassroots venues on our doorstep when we can.
If you’re interested, you can grab your tickets now. Even if not, in the meantime, you can see what we had to say about them and four other fantastic Greater-Manchester-based bands down below.
Featured Images — Press shot (supplied)/101 Part Time Jobs (screenshot via YouTube)
Business
Local Bolton schoolkids chosen to select street names in new neighbourhood
Danny Jones
Some local schoolkids from Bolton are among the lucky few to be chosen for a great honour: to be the people responsible for selecting the street names for a brand new neighbourhood.
That’s definitely something to tell their little ones and grandchildren someday.
For anyone from the Bolton area, you may have heard of the new development popping up over in Little Lever, a burgeoning suburban area not too far away from Moses Gate Country Park.
Carrying on the ‘Creams Mill’ moniker as a whole, a group of students from nearby Mytham Primary School have further been entrusted with naming the next leafy chapter of village life.
Credit: Watson (press shots)
Picking a handful of pupils from members of the school council, who have clearly already shown plenty of initiative and interest in extracurricular activities, property firm Watson Homes first visited the school back in 2023 to allow some young minds to take part in an exciting competition.
Known as ‘The Change Makers’ in Mytham Primary, not only did they find out more about the brownfield plot, but also more about the site’s surrounding history, including its rich industrial heritage, the significance of the canal corridor in the wider context of Greater Manchester and more.
Having then been inspired by everything from the waterways to the native wildlife, names were thrown into the mix; now, more than two years later, eight of those bright-eyed pupils and some of their teachers were invited back for a mini grand opening of their own.
Getting to see the road signs unveiled for the first time – Woodpecker Road, Deer Lane, Owl Lane, Dragonfly Court, Middle Bents Lane, and Bally Close – as well as putting the finishing touches on other things like hedgehog pathways and birdboxes. Cute.
They even got to name three apartment buildings within Creams Mill, which have now been dubbed Davenport House, Fletcher House, and Waterway House. Such a cool experience for these youngsters.
Honestly, how wholesome is this?
Credit: Supplied
The Manchester-based affordable housing firm’s director, Mike Watson, said in a statement: “It has been incredibly rewarding to see the pupils of Mytham Primary return to the site and see their ideas become part of the streets they helped to imagine.
“This project started with conversations in a classroom and is now taking shape on the ground – from the new homes rising across the site to the restoration of the canal.
“This is a development that genuinely reflects Little Lever’s heritage and future ambitions, and is a powerful example of how regeneration is rooted in community pride as well as bricks and mortar.”
We think we speak for everyone when we say this is the kind of work in the community that we’d like to see more of from the various developers across the region.