fbpx

Facebook Is Set to Pay Content Creators $1 Billion Dollars

Finally paying creators for the content they produce has become a strategy for platforms such as YouTube, TikTok, and Snapchat. Now, Facebook decided to take action and finally reward their creators for both Instagram and Facebook video content, as they go on a race to compete with giants Google and TikTok. 

The new monetization program will allow creators to get rewarded for making original video content on Instagram and Facebook, those who attract high on user engagement. 

According to a Facebook blog post: “This investment will include new bonus programs that pay eligible creators for hitting certain milestones when they use our creative and monetization tools. We’ll also provide seed funding for creators to produce their content.” Facebook will unveil the bonus programs and seed funding in the next few months. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Article

Next Clubhouse? Spotify launched Spotify Greenroom—and Is Funding its Creators

Next Article

‘Defeat hatred and apathy in a digital age': The Alfred Landecker Foundation’s new Visual Identity

Related Posts
Read More

How to build your freelance brand and confidence further

When building your freelance brand, you will often hear that it’s best to bring the “authentic” you to the table. But what does this actually mean?And how do you build your personal brand from scratch? Here - we are sharing some of our top tips to help you break all of this down. ​