How Snapchat creators can make money, Facebook expands revenue sharing, 4 ways AI is being used in the music industry
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Here’s what to expect in this week’s edition:
Snapchat is opening up ad-revenue sharing to more creators.
The company has been testing paying a cut of the advertising revenue from its stories feature to some influencers who are in its Snap Stars program.
Dan Whateley and Shriya Bhattacharya broke down what requirements creators will need to join the Snap Stars program.
Creators can start earning ad revenue if they have:
Outside of its stories ad program, Snap pays creators via other initiatives like content challenges and a fund for its short-video feature Spotlight.
Meta has been inviting creators to events that showcase Facebook's offerings.
"They're making a push so that Facebook's not forgotten by creators," Lia Haberman , an adjunct professor at UCLA, told Insider. "Especially with everything recently between YouTube, TikTok, and Instagram, Facebook never gets mentioned in those same conversations when we talk about creators and what platforms they're choosing between."
At Meta's latest event, it pitched its ad-revenue-share options to creators.
Sydney Bradley wrote about why it matters, and how a robust ad-revenue-share program for reels across Instagram and Facebook could help both Meta and creators.
Music startups are leading the charge in building AI tools.
Some of these tools are simplifying the music-making process. Others are assessing fan engagement and facilitating music discovery.
Dan Whateley and Nhari Djan broke down ways music startups are using AI tools to innovate in the industry.
Some examples include helping content creators access music for their videos and giving independent artists a platform.
MyPart, which uses AI to match artists and songs with executives in music, advertising, TV, and film, has a program for independent artists to upload their music for potential business opportunities.
"One of the most exciting things about this offering is that it's used by A&Rs," cofounder Matan Kollnescher said. He said songwriters can also benefit from this discovery method by "having your song get to an artist that you'd dream of performing it."
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Snap Partner Summit:
Snap hosted its fifth annual Snap Partner Summit for publishing and ad partners on Wednesday in Los Angeles.
Here’s a rundown of the announcements:
Other notable stories this week:
The business of being a creator
Social platform and creator economy startup news
What’s happening in digital culture
Thanks for reading! Send me your tips, comments, or questions: aperelli@insider.com.
Brand Designer | Calligrapher | Inventor
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