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Pinterest will start paying creators to post content

Business Insider logo Business Insider 10/21/2021 aperelli@businessinsider.com (Amanda Perelli)
Pinterest © Provided by Business Insider Pinterest

Hi, this is Amanda Perelli and welcome back to Insider Influencers, our weekly rundown on the business of influencers, creators, and social-media platforms.

Before we begin, some news: This is the last edition before our newsletter goes on hiatus.

Thank you so much for reading and following our coverage of the industry! While we're on hiatus, you can keep up with me on Twitter at @arperelli. Plus, be sure to follow the rest of our team: Dan Whateley @dwhate, Sydney Bradley @SydneyKBradley, JP Mangalindan @JPManga, and Michael Espinosa @Michael__Esp.

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Insider will be in touch soon with some newsletter updates. In the meantime, please take this brief survey to help us improve our newsletters. But until then, let's get right to this week's edition.

In this week's edition:

Courtesy Pinterest © Provided by Business Insider Courtesy Pinterest

A Pinterest exec explains the details of its new $20 million investment into paying creators

Pinterest will start paying eligible creators in the US for posting content.

The blogger-beloved platform is the latest to reveal a flashy monetization program similar to programs from Snapchat, Instagram, and even LinkedIn.

Sydney Bradley spoke with a Pinterest exec about the platform's $20 million payout that will fund "Creator Rewards."

Here's what you need to know about the roll-out:

  • The fund will pay creators if they participate in "reward goals" or various themed posting challenges.

  • These incentives come with end dates, and creators will be paid according to the number of engagements a post gets.

  • Eligible creators can access these rewards in a new dashboard called the "Creator Hub."

"It is really our first big initiative for monetization for creators," said Colleen Stauffer, Pinterest's global head of creator marketing.

Check out more on the new fund and how creators can get paid, here.

Cameo CEO Steven Galanis Cameo © Provided by Business Insider Cameo CEO Steven Galanis Cameo

Why the shout-out app Cameo is open to deepfake technology on its platform

Cameo CEO Steven Galanis said the company is open to deceased celebrities joining its platform using deepfake technology.

"We could go to their estate and offer a great new income stream for people that have passed away," he said.

Dan Whateley wrote that the remarks came during an interview at the Wall Street Journal's Tech Live event.

Galanis said Cameo would only consider adding a celebrity to its platform if it was something their estate endorsed.

"If their estate is like, 'Hey we would not want to do that,' like of course we wouldn't do it without their permission," he said.

Check out more on Galanis' thoughts on deepfake shout-outs, here.

Here's what else you need to know this week:

What's trending

Creator earnings

Market moves

Instagram creator and model Amy Lefevre Amy Lefevre © Provided by Business Insider Instagram creator and model Amy Lefevre Amy Lefevre

Instagram creator and model Amy Lefévre took us inside her fashion collection with INSPR

Instagram creator Amy Lefévre, who modeled for Chanel and Dior, is releasing a fashion line with INSPR.

JP Mangalindan wrote that Lefévre's knitwear collection, due out in October, was the product of a seven-month collaboration.

Founded in 2018 by Chantel Waterbury, INSPR has developed and released seven limited-edition capsule collections to date with creators. Lefévre's upcoming line is one of 11 influencer collaborations in the works at INSPR.

Here's more on the upcoming capsule collection.

Jake Aronow and Alexander Levenson Hover © Provided by Business Insider Jake Aronow and Alexander Levenson Hover

How a gaming startup is looking to launch Twitch's next streaming stars by helping them get discovered

Hover is a startup hoping to help solve Twitch's discoverability problem.

Michael Espinosa wrote that on the platform, users can scroll through gaming clips, with the option to like, comment, and share, and it allows users to quickly follow streamers on Twitch and tune into Twitch streams without leaving the app.

So far, the platform's userbase is small, with only about 27,000 mobile app downloads, but it boasts high engagement.

Katherine "Katliente" Pan, a streamer who judged one of the "Next Top Streamer" broadcasts, told Insider that Hover had been an effective place to network with other creators and find partners to collaborate on content with.

Read more on the gaming startup, here.

Maskot/Getty Images © Provided by Business Insider Maskot/Getty Images

Seeking nominations: Top women personal-finance influencers

We want to hear from you! What are the top women-led financial accounts on social media?

To highlight the women making an impact in the space, I am working on a new power list with my colleague Laila Maidan of the top women personal-finance influencers.

Please submit your ideas through this form.

Screen shot of TikTok #nobones © Screen shot of TikTok #nobones Screen shot of TikTok #nobones

TikTok hashtag of the week:

Every week, we highlight a top trending hashtag on TikTok, according to data provided by Kyra IQ.

This week's hashtag: NoBones

  • Percentage uptick over the last 7 days: 8,072%

  • The latest viral hashtag is centered around a popular series of videos from TikTok creator Jonathan Graziano and his pug, Noodle. "No-bones days" are named after Noodle flopping back into bed in the mornings. These videos have been taken as predictions about how the day will go.

a toy doll: Netflix © Netflix Netflix

What else we're reading and watching:

Subscribe to the newsletter here.

And before you go, check out the top trending songs on TikTok this week to add to your playlist. The data was collected by UTA IQ, the research, analytics, and digital strategy division of United Talent Agency.

UTA IQ © UTA IQ UTA IQ

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