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TikTok lets creators charge monthly subscriptions

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A new tool letting TikTok creators charge monthly subscriptions for live streams is part of a competition between social media platforms to be preferred venues for content that attracts big audiences.

A new tool letting TikTok creators charge monthly subscriptions for live streams is part of a competition between social media platforms to be preferred venues for content that attracts big audiences.
– Copyright AFP/File Jade GAO

TikTok on Monday said it will start letting some popular accounts at the video-snippet streaming service charge subscriptions for live streams.

Similar money-making tools have been added to rivals such as Instagram and Facebook as the social media platforms compete for online personalities that attract audiences.

“LIVE Subscription is an extension of our efforts to build diversified creator monetization opportunities that suit a range of creator needs,” TikTok said in a blog post.

TikTok said the subscription feature being introduced this week will only be available to creators by invitation for now but will be expanded globally in coming months. The company did not disclose pricing.

Creators will be able to switch into a chat mode exclusive to subscribers, “enhancing an even more personal connection between creator and viewer,” the company said.

To access the LIVE Subscription feature, creators will need to be at least 18 years old, while users will have to be at least the same age to subscribe, TikTok said in the post.

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Subscriber perks will include digital badges and, in some cases, the ability to control camera angles during streamed sessions, according to video clips posts by TikTok creators invited to take part.

TikTok early this month announced an ad revenue-sharing program with the social media platform’s most prominent creators, moving closer to a model already used by its competitors.

The short-video format app has become wildly popular in recent years with more than a billion active users globally, but has been criticized for not providing a way for creators to effectively monetize content.

Under a TikTok Pulse program to be rolled out in the United States next month, companies can place their ads next to user content in specific categories and creators will get a cut.

“We will begin exploring our first advertising revenue share program with creators, public figures and media publishers,” the company, a subsidiary of Chinese tech firm ByteDance, said in a statement.

Other major social networks that focus on video, such as YouTube, Instagram and Snapchat, have already implemented revenue-sharing systems.

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LinkedIn Shares Marketing Industry Insights and Tips in Latest ‘Big Thinking’ Digital Magazine

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LinkedIn Shares Marketing Industry Insights and Tips in Latest 'Big Thinking' Digital Magazine

Looking for a marketing-related read for the long weekend?

LinkedIn has published the second edition of its ‘Big Thinking’ digital magazine, which includes a range of interviews, insights, tips and notes on various marketing-related subjects and trends.

The 36-page magazine includes expert notes on sustainable marketing practices, evolving messaging processes, and creative tips – from Disney no less.

There’s also a section which looks at how marketers can mitigate the loss of cookie tracking data, and how to build an employer brand (and why you should).

LinkedIn Big Thinking magazine

LinkedIn has also included expert interviews on customer experience, digital transformation and creative B2B strategies, among other elements.

There are some good notes, which could help you formulate a more effective marketing approach for your brand, in line with the latest trends, while it’s also handy to stay up to date with the latest trend insights and tips to keep your market knowledge fresh.

And it’s free. If nothing else, it’s a quick overview of some of the key trends that are playing on the minds of the top industry professionals, which will likely trigger at least inspiration in your own efforts.

You can download LinkedIn’s latest ‘Big Thinking’ digital magazine here.

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