It feels like déjà vu, but Meta is cutting Reels payouts for creators again. It looks like Reels aren’t as lucrative as they thought, so the company has decided to stop offering Reels Play bonus deals to creators, on both Instagram and Facebook.
You can now cross-post Instagram Reels to Facebook
Instagram likes Reels. It likes them so much that it turns all your videos into them, and now it lets you cross-post them to Facebook too. From now on, if you use both social media apps, you can post your Reels directly to both of them.
Along with cross-posting between the apps, some other changes are coming to Instagram as well. And yes, of course, they’re Reels-related. But if you’ve started gathering likes and comments through the TikTok-esque short videos, you may actually like these.
Instagram reportedly cutting Reels payouts by 70%
Last year Instagram announced the Reels Play Bonus Program, a program that allows creators to earn money from their Reels. Some serious sums were mentioned back then, but it appears that not everything is going as planned.
According to some reports, Instagram has slashed the payouts in the last couple of weeks. Some creators are seeing as much as a 70% cut, and to top it off, they reportedly need millions more views to get paid at all.
Instagram pays creators $35,000 to get off TikTok and use Reels instead
It’s not a secret that TikTok is one of Instagram’s biggest competitors right now, if not the biggest. As if copying TikTok’s features (twice… no, three times), Instagram is now paying creators up to $35,000 to post Reels.
Facebook will pay influencers $1 billion to encourage them to use its products
Competition is fierce in the social media world, both between major platforms and people who use them. As an attempt to fight competition, Facebook plans to invest $1 billion in influencers as an incentive for using its platforms.
You can’t fight without an F-you fund
When it comes to negotiations, as a photographer (or any freelance artist, for that matter) you’ve got to master the art of not being emotionally invested in the outcome – something that is nearly impossible to do. But without it, you’ll never be able to break free of difficult clients and underpaid gigs.
Flickr is losing money, puts out plea for help asking users to upgrade to Flickr Pro
Ever since SmugMug acquired Flickr, the platform has seen some positive changes. However, it turns out that SmugMug bit off more than they could chew. The company is losing money, so they sent out an email to Flickr users asking them to help by upgrading to Flickr Pro.
Concert photography jobs: how you can make more money by shooting music
There are a lot more music photographers than there are music photography jobs — that’s just how it is in this corner of the industry. It’s a port of entry for many hobbyist photographers, and the result is saturation of the market. A lot of budding photographers are willing to work for free, making the gigs that are out there even tougher to get.
When most bands are composed of young people just out of (or still in) high school, is understandable that most aren’t able to pay photographers much. I used to charge local bands $100 for a band promo shoot. That felt like a fair price back then; I gained valuable experience and it was affordable for the musicians as well.
But a few years down the line when you have thousands invested in gear, $100 shoots aren’t going to cover your costs, not to mention your time. When you reach that point, you have to figure out other ways of simply financially maintaining your hobby. I want to shed light on a few opportunities that I’ve found and seen my peers succeed in, not just breaking even but actually making a living.
Money matters: how to determine the value of your work and communicate it to your clients
Money is a sensitive topic among photographers, and it’s especially tricky if you’re new to charging for your services. Many photographers don’t want to sound like “bad guys” when determining the price, so they tend to devalue their work. Also, sometimes it’s difficult to determine what exactly your services are worth. In this video, Photographer David Bergman will give you some precious tips on determining your value and talking about money with your clients.
Mystery Drone Drops Money on Michigan Crowd
‘Money doesn’t grow on trees’.
Try telling that to the kids who were shaking bills out of trees yesterday after a mysterious drone operator dropped one Dollar bills on a crowd attending an event at Great Rapid’s Rosa Parks Circle.
According to reports the drone dropped between $50-100 in total, all in one Dollar bills, but people were running to collect the cash as if it was, well… raining money.
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