Washington Post: Hollywood, music industry brace for a TikTok ban

Washington Post: Hollywood, music industry brace for a TikTok ban. “Since the last time the U.S. government considered banning TikTok in 2020, the app has evolved from a social platform supporting a robust ecosystem of content creators and small businesses to an entertainment powerhouse, upending Hollywood power structures and rewriting the rules of the entertainment landscape. A ban now would threaten not the livelihoods of TikTok’s biggest stars and thousands of small businesses, it could deal a massive blow to the entertainment industry, forcing movie studios, record labels, casting directors, Hollywood agents, and actors to radically shift the way they do business.”

WIRED: Success on Twitch No Longer Comes on Twitch

WIRED: Success on Twitch No Longer Comes on Twitch. “Burnout is inseparable from the platform’s identity. Streamers toil for the approval of audience and algorithm. Even Pokimane, one of the site’s famous faces, has had to take extended time off. Smaller streamers burn out too, anonymously: only an extraordinary few earn enough to make a living. Of the 6 million people who create content on the platform, more than 90 percent stream to fewer than six viewers; 25 percent of the top 10,000 highest-paid streamers make less than minimum wage.”

Techdirt: The Internet Has Opened Up The Creator Economy To New Heights

Techdirt: The Internet Has Opened Up The Creator Economy To New Heights. “Until recently, writers, musicians, artists and filmmakers collectively formed a relatively select group that was hard to enter as a professional. Today, anyone with an Internet connection can spread the word about their work and make money from it. In effect, everyone who is online, to a greater or lesser degree, is a digital creator – even with the most ephemeral of posts on social media.”

Los Angeles Times: Why this L.A. TikTok star dreamed of boxing glory

Los Angeles Times: Why this L.A. TikTok star dreamed of boxing glory. “In the last decade, the number of people who make money as a ‘creator’ — a person who creates video, photo or digital content primarily on social media — has grown to more than 50 million people worldwide, including 2 million who do it as a full-time job, according to data released in 2020 by San Francisco venture capital firm SignalFire. But gaining new fans for creators or influencers has become increasingly challenging, as the once-nascent social media platforms have now grown to massive, global video libraries where it’s difficult to stand out from the crowd. That’s where boxing comes in.”