The business behind what the world watches, reads and hears.
Logan Paul's Prime empire is drowning in cash — but thirsty rivals are circling as his $1.2B sports-drink kingdom faces a fight over labels and copycats.
Prime, Pop-Tarts, and the problem with attention
A brand built on hundreds of millions of followers is trying to become something attention cannot manufacture: a repeat purchase. The filings show what that transition costs.
Original dossier published. Future developments will be added to this record; earlier figures, conclusions and source notes will remain visible rather than being silently replaced.
The answer
Prime's Pop-Tarts protein line, a Target exclusive, is the company borrowing the one thing it can no longer generate for itself: recognition that does not depend on Logan Paul.
The trajectory behind it is documented only where filing is compulsory. UK turnover fell 70.7% in FY2024 and net profit fell 91.6%. The Australian distributor entered voluntary administration in July 2026 holding A$84,855 against A$7.92m of liabilities.
What no document establishes is the global picture. Prime Hydration LLC is private, has never filed group accounts, never taken a priced round and never been sold. Every valuation in its history is a multiple someone applied to an estimate. The subsidiary filings are real; they are not the company.
The story
Prime's new Pop-Tarts deal shows how the influencer-built phenomenon is trying to become something harder to create: a lasting consumer brand.
Logan Paul has spent much of his career demonstrating that attention can be turned into almost anything. Now he has to prove it can be turned into longevity.
Prime, the beverage company Paul launched with his former boxing rival KSI in 2022, is teaming with Pop-Tarts on a line of protein shakes built around three of the Kellogg snack brand's most recognizable flavors: Frosted Strawberry, Frosted Blueberry and Frosted Chocolate Fudge. Each 11-ounce shake packs 32 grams of protein, 150 calories and three grams of sugar.
Prime's website is promoting the collaboration as a Target exclusive, which makes it something more consequential than another social-media stunt: it puts one of the defining influencer brands of the past several years alongside a mass-market American food brand on the shelves of one of the country's biggest retailers.
It also arrives at a complicated moment for Paul and the company he helped make famous.
Prime was one of the extraordinary consumer-product stories of the influencer era. Paul has said the company generated $250 million in retail sales in its first year. Bloomberg reported in 2023 that the brand was on track to pass $1.2 billion in annual sales as bottles became collectibles, retailers struggled to keep flavors in stock, and Prime signed partnerships spanning UFC, WWE and major athletes.
That growth has proved difficult to sustain.
The clearest evidence sits in Britain, where filing is mandatory. Accounts lodged at Companies House show Prime Hydration UK Ltd's turnover fell from £112.2 million in 2023 to £32.8 million in 2024, a drop of nearly 71%. Net profit fell 91.6%, to £312,393. The directors announced a strategic review, describing a shift away from what they called an initial hyper-growth phase.
In the United States, Circana data reported by Darren Rovell in July 2025 put Prime's trailing twelve-month sales down 42%. By that October the brand was tracking to roughly $300 million for the year.
Then the Australian arm collapsed outright. Congo Brands Australia, the Melbourne company that distributes Prime alongside Alani Nu and the MrBeast-backed Lunchly, entered voluntary administration on 7 July. Filings lodged with the Australian corporate regulator show revenue fell from about A$31 million to A$14.5 million, a net loss of A$1.42 million, and liabilities of A$7.92 million against A$84,855 in cash. Inventory had been written down by A$4.57 million. The packaging supplier Orora had already gone to the Federal Court seeking to wind the company up.
There are legal distractions, too. A federal judge last month ordered Paul and KSI designated custodians for electronic discovery in an ongoing class-action marketing case, requiring searches of communications on their personal devices. Court records identify both men as 20% owners and describe them as deeply intertwined with Prime's marketing and business.
That makes the Pop-Tarts partnership interesting for reasons beyond what Frosted Chocolate Fudge tastes like with 32 grams of protein.
Prime began as a masterclass in converting audience into commerce. Paul and KSI did not need to rent someone else's distribution to reach consumers; they arrived with hundreds of millions of social connections and manufactured the kind of launch-day attention traditional beverage companies spend fortunes trying to buy.
But attention and consumer loyalty are not the same thing.
The company is broadening beyond the hydration and energy drinks that created the original craze. It entered ready-to-drink protein this year, and Pop-Tarts gives that young line something Prime once supplied for itself: instant recognition.
For Paul, 31, that makes this a different kind of fight. He has already made the unlikely progression from YouTube provocateur to boxer, WWE performer and consumer-products entrepreneur. Prime's challenge is similarly transformative — moving from an influencer phenomenon into the considerably less glamorous business of becoming a repeat purchase.
Pop-Tarts has been around since 1964.
For Prime, getting next to it on the shelf may be the easy part. Staying there is the test.
Also see
- CAPITAL
What a private company with no filed group accounts is actually worth
- CHANNEL
Retail exclusivity as a distribution strategy for creator brands
- COPYRIGHT
Likeness, endorsement and the discovery custodian question
- CAPITOL
The FDA referral that never became enforcement
Sources
- Companies House — Prime Hydration UK Ltd, FY2024 accounts
- ASIC — Congo Brands Australia, FY2024 filings and administration notice
- Federal Court of Australia — Orora winding-up application
- US federal court records — Castillo (N.D. Cal.), Vera (S.D.N.Y.), custodian order
- Circana Food, via Darren Rovell — US sales tracking, 2025
- Bloomberg — 2023 annual sales reporting
- CB Insights — October 2023 comparables analysis
- Health Canada / CFIA — Prime Energy recall, July 2023
What this record cannot say
Prime Hydration LLC is privately held and has never published audited group accounts, taken outside institutional capital at a priced round, or been sold. No global revenue figure for 2024 has been disclosed or credibly reported; the UK and Australian numbers above are statutory filings for those subsidiaries only and do not describe the worldwide business. Every valuation in the company's history is a multiple applied to a revenue estimate by a third party, not a transacted price. Prime and its founders have denied the allegations in the consumer cases described here; claims in a lawsuit represent one side.