TikTok launches $300 million creative fund in Europe for video makers - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

TikTok plans to hand up to $300 million to European creators, as Facebook reportedly tries to lure away high-profile users with cash

TikTok says it will hand up to $300 million to European creators over the next three years, giving them the chance of earning a living on the short-video platform.

Creators looking to apply for the US fund must be 18 years old or older, meet a certain baseline for followers, and meet TikTok's requirements around posting original content. TikTok hasn't detailed eligibility criteria for Europe, but says it'll provide more detail in the coming weeks. UK-based Anna Bogomolova, who has 2.3 million followers on the app, suggested the fund could help creators buy equipment, such as a new phone, to help them make better videos. Money was a "big restriction" for many on the app, she said.

Timothy Armoo of Fanbytes, a social media company that runs the ByteHouse, the UK's first collective of TikTok creators, said the fund could help users who were already popular grow faster.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ZhugeEX Where can i send my bank details?😏

FACEBOOK IS A TRASH

ZhugeEX Chaotic capitalist vs lawful capitalist

Lol! And the war begins.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ro earned unicorn status with a $200 million funding haul - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. looks diverse
Source: BusinessInsider - 🏆 729. / 51 Read more »

Zuckerberg defends Facebook by pointing to Apple, Google, TikTok success - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Sure they are... .....I rest my case 🐍 Lol did the Russians infiltrate the App Store to sway public opinion towards Donald Trump?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump and social networks unite in battle against TikTok and China - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It's Chinese and thats it !
Source: BusinessInsider - 🏆 729. / 51 Read more »

US Treasury is investigating TikTok, Secretary Mnuchin says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It’s because they can’t monitor and control it. China won’t give them access. Prolly retaliation for ruining his Tulsa rally.
Source: BusinessInsider - 🏆 729. / 51 Read more »

AI sensor startup Density raises $51 million to help businesses reopen - Business InsiderDensity, a startup using AI-powered sensors to help universities and meat packing factories make sure social distancing is being enforced, raises $51 million in a round led by Kleiner Perkins
Source: BusinessInsider - 🏆 729. / 51 Read more »