TikTok, the popular short-form video platform, is currently dealing with challenges related to its association with the Chinese Government, raising uncertainties about its future in the United States. Additionally, TikTok is encountering difficulties regarding user growth and revenue sharing for creators, potentially impacting its success in Western countries.
Recently, TikTok has been struggling to sustain its user growth, with a noticeable decrease in new users. This slowdown is concerning for the company, as it could lead to reduced engagement and overall user numbers on the platform.
In response to this issue, TikTok is planning to implement a program that will allow creators to receive a portion of the revenue generated by their content, as mentioned in the article from The Information. By enabling creators to monetize their content, TikTok hopes to boost user engagement and maintain its competitiveness.
This creator revenue sharing initiative is set to be launched soon and will be accessible to creators of all backgrounds, whether professional or amateur. Creators will have the opportunity to earn money through advertisements on their content and sponsored content, providing them with a means of income. This financial incentive could attract more creators to the platform, thereby driving user growth and engagement.
The introduction of a creator revenue sharing program may also help TikTok address concerns about its connection to the Chinese Government. By allowing creators to monetize their content, TikTok can distance itself from governmental ties, making it more appealing to Western users.