Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

TikTok is shutting down its Creator Fund in favor of its newer Creativity Program

by November 8, 2023
November 8, 2023
TikTok is shutting down its Creator Fund in favor of its newer Creativity Program

TikTok has announced that it’s shutting down its original $1 billion Creator Fund and shifting the focus to its newer Creativity Program.

From December 16, the Creator Fund will be discontinued in the United States, United Kingdom, France and Germany.

Creators who are currently enrolled in the Creator Fund can switch to the Creativity Program.

The Creator Fund, which launched in 2020, has long been criticized by creators who have complained about low payouts, with some saying they earned a few dollars for videos that got millions of views.

In February, TikTok introduced the Creativity Program and said the fund would result in higher payouts for popular creators. TikTok has said the rewards formula for the Creativity Program has been formulated to offer a higher average gross revenue for qualified video views. Unlike the Creator Fund, which didn’t have a specific requirement on video length, the Creativity Program rewards creators who make videos longer than one minute.

To be eligible for the Creativity Program, creators must be at least 18 years of age and have at least 10,000 followers and at least 100,000 views in the last 30 days. Eligible creators who post high-quality, original content longer than one minute have the potential to earn up to 20 times the amount previously offered by the Creator Fund, according to TikTok.

“Our ultimate goal is to create the best experience possible on TikTok and provide a robust ecosystem of monetization offerings to creators,” TikTok spokesperson Maria Jung said in an email to TechCrunch. “Part of our efforts and ongoing commitment to provide requires us to evolve products and apply resources elsewhere to best support creators and explore new offerings. We developed the Creativity Program based on the learnings and feedback from the Creator Fund, and we’ll continue listening and learning from our community as we explore new features and enhance existing ones to further enrich the TikTok experience.”

The Creativity Program is part of TikTok’s suite of monetization tools, which includes LIVE subscriptions and TikTok Pulse. The company also has tips and gifts monetization features, along with a Series feature that allows eligible creators to post content behind a paywall.

Read more:
TikTok is shutting down its Creator Fund in favor of its newer Creativity Program

0
FacebookTwitterGoogle +Pinterest
previous post
California State Auditor Gives Up on Local Government Monitoring
next post
Ohioans Decisively Vote to Legalize Recreational Marijuana

You may also like

Why UK Elite Are Flocking to Caribbean Citizenship

February 20, 2025

Frasers Group takes stake in retailer N Brown

October 12, 2022

EU upgrades its forecasts but says UK will...

May 16, 2023

Stellar Repair for QuickBooks Review 2024

May 20, 2024

Steep discounts on furniture and fashion weigh on...

January 28, 2025

The Top Ten Pet Care Facilities in London:...

September 6, 2022

UK extends seasonal farm worker scheme for five...

February 26, 2025

Whitehall to bring in AI experts to spearhead...

July 20, 2023

Herbert Hernandez – GIGIL Agency Founder Discusses His...

September 15, 2024

SME’s prioritise cost of living crisis ahead of...

October 3, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Blue state Republicans threaten rebellion if Senate changes key provision in Trump’s ‘big, beautiful bill’

      June 5, 2025
    • Ricketts, Fetterman team up for crackdown on China’s attempts to purchase US farmland

      June 5, 2025
    • Hamas working to ‘sabotage’ Trump-backed aid group with ‘fake news’: Israeli official

      June 5, 2025
    • Longtime Trump loyalist flips on GOP’s ‘big, beautiful bill’

      June 5, 2025
    • Supreme Court rules Wisconsin unconstitutionally discriminated against Christian charity

      June 5, 2025
    • Trump touts ‘very positive’ breakthrough with Xi after slamming China for trade violation

      June 5, 2025

    Categories

    • Business (8,147)
    • Investing (2,008)
    • Politics (15,529)
    • Stocks (3,128)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved