TikTok is significantly increasing total creator revenue. The platform’s Creator Fund, now called the “Creator Rewards Program,” claims to have increased the amount creators are making from their content by over 250% in the last six months. TikTok’s new payment guidelines are aiming to compete with YouTube by encouraging creators to post longer videos to earn significantly more money than before. Other features like the LIVE subscription tool and Creator Portal are also being renamed and revamped to provide creators with updated resources and educational content in multiple languages. (Tech Crunch)
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