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Instagram is taking advantage of TikTok’s absence from app stores by offering creators large cash bonuses to exclusively post Reels on the platform, according to a report from The Information. The bonuses reportedly range from $10,000 to $50,000 per month and require creators to post their short-form videos on Instagram before publishing them to other platforms, like TikTok.
The Verge reached out to Meta with a request for comment but didn’t immediately hear back.
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/cdn.vox-cdn.com/uploads/chorus_asset/file/23932741/acastro_STK070__03.jpg?w=1920&resize=1920,0&ssl=1 "Instagram is reportedly trying to attract TikTok creators with large bonuses")
Instagram is taking advantage of TikTok’s absence from app stores by offering creators large cash bonuses to exclusively post Reels on the platform, according to a report from The Information. The bonuses reportedly range from $10,000 to $50,000 per month and require creators to post their short-form videos on Instagram before publishing them to other platforms, like TikTok.
The Verge reached out to Meta with a request for comment but didn’t immediately hear back.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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