London Daily

Focus on the big picture.
Tuesday, Feb 17, 2026

Social media platforms are going to war for online talent

Social media platforms are going to war for online talent

When Katerina Horwitz started out as a social media influencer in 2016, she didn't earn much money beyond a handful of sponsored posts.
A few years later, Horwitz and her husband Yinon quit their day jobs, started a joint Instagram account and got creative with monetizing their 400,000 followers, including selling their own photo filters and building an app that offers editing templates for Instagram Stories.

But recently they've found a simpler revenue stream: earning money directly from social media companies. The couple received a nearly $30,000 payout from Snapchat from just one video they posted to the platform's short-form video hub, Spotlight. They've also earned smaller sums from TikTok for being part of its creator fund, which pays social media influencers based on their number of video views.

"We love creating, but of course we're going to go to the platform that pays us the most," Horwitz told CNN Business.

Creators are the lifeblood of any social media platform, driving trends and engagement and building a loyal community. But increasingly, social media companies seem to be waking up to the reality Horwitz described: Creators may join a platform to build an audience, but ultimately the platform has to pay up for them to stick around. In recent months, major tech companies have stepped up to try to do just that, rolling out more and more ways for creators to make money on their platforms, both from ad revenue on their content and direct handouts.

Snapchat is paying out a total of $1 million a day to those users who make the most entertaining videos for its TikTok rival Spotlight. TikTok launched a $200 million creator fund last year, which promises to reach hundreds of thousands of creators with plans for it to grow to $1 billion over the next three years.

Twitter recently announced it's exploring the possibility of users becoming paid subscribers to their favorite Twitter accounts. And on Sunday, the audio-focused app Clubhouse announced an accelerator program aimed at helping aspiring creators build and monetize an audience.

These announcements reflect both the value of top content creators to the platforms and the fact that there have never been more avenues for internet personalities to make money directly.

"Social media is a war right now," said Ben Ricciardi, founder of influencer marketing agency Times10. "Twitter is trying to figure out ways to bring back larger and larger audiences. Snap is really incentivizing creators to try to come back to the platform or spend more time on the platform."

Even the biggest social networks -- Facebook and Facebook-owned Instagram, with more than a billion monthly active users each -- now find themselves competing for users and talent with newer services like TikTok, he said.

Last week, Facebook announced social media stars can now earn revenue from all types of videos, including those as short as one minute long, and that it's testing new monetizeable sticker ads in Stories. In recent years, the company has rolled out other moneymaking abilities for creators, including earning revenue from ads running on their videos, fan subscriptions that offer a monthly reoccurring payment and the ability for followers to send virtual "Stars" to their favorite creators to show support.

From 2019 to 2020, the number of content creators earning the equivalent of $10,000 per month grew 88% and creators earning $1,000 per month grew 94% on Facebook, according to the company. Facebook declined to provide precise figures on how many creators are earning those monthly amounts.

After resisting paying influencers directly for a long time, Instagram announced similar moves to Facebook last year, offering monetizeable ads in its long-form IGTV video feature and digital badges that fans can buy through Instagram Live.

Yoav Arnstein, director of product management at Facebook, told CNN Business that creators are "absolutely critical" to social media platforms. "A lot of the innovation around creativity and creation of content will come from creators," he said.

Collectively, these moves from the big social platforms mark a major shift in how they approach creators. With the exception of YouTube, which has long allowed influencers to earn money from ads, among other revenue streams, creators have had to hustle on their own to make money through independent brand deals, merchandise, podcasts and other outside-the-box methods.

"So many platforms didn't want to open up monetization to creators because they don't want to admit that the creators are the business drivers," said Karyn Spencer, CMO of influencer marketing platform Whalar. "Now in 2021, we're finally at the point where every platform knows, in order to survive, the talent has to be paid."

For influencers, it feels like a shift, too. Horwitz said for years other people have reached out to her and her husband asking how to make money as influencers.

"It was just not very clear, you had to be your own businessman, and create a website or a product or something and be so creative," she said. "But now all the platforms are making it just very clear: make good content, get views and you get paid."
Newsletter

Related Articles

0:00
0:00
Close
UK Markets Signal Opportunity as Starmer Confronts Intensifying Political Pressure
Trump Criticises Newsom’s UK Climate Pact, Defends Federal Authority Over Foreign Engagements
UK’s Top Prosecutor Says ‘No One Is Above the Law’ as Police Review Claims Against Ex-Prince Andrew
Businessman Adam Brooks weighs in on the reports that the US is set to help Hamit Coskun flee the UK, over free speech concerns
U.S. Attorney General Pam Bondi Releases 3.5 Million Pages of Jeffrey Epstein Case Files
US Secretary of State Marco Rubio Comment on European allies report blaming Russia for killing late Kremlin critic Alexei Navalny using toxin from poison dart frogs
Eighty-Year-Old Lottery Winner Sentenced to 16.5 Years for Drug Trafficking
UK Quran Burner May Receive Asylum in the US Amid Legal Challenges
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Poland's President Advocates for Evaluating Independent Nuclear Weapons Development
Prince William Meets Saudi Crown Prince as Epstein-Andrew Fallout Casts Shadow
Starmer Calls for Renewed ‘Hard Power’ Investment at European Security Summit
UK Police Establish National Taskforce to Handle Domestic Epstein-Linked Allegations
UK Court Rules Ban on Palestine Action Unlawful in Major Free Speech Test
UK Faces Prospect of Net Migration Turning Negative as Economic Impact Looms
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
Pentagon Reviews Anthropic Partnership After Claude AI Reportedly Used in Operation Targeting Nicolás Maduro
President Donald Trump and Hip-Hop’s Political Realignment: Pardons, Public Endorsements, and the Struggle Over Cultural Influence
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
Goldman Sachs and DP World Executive Resignations: Elite-Reputation Risk and Corporate Governance Fallout From the Epstein Disclosures
‘Amelia’: The UK Government’s Anti-Extremism Game Villain Who Became a Protest Symbol
Peter Mandelson Asked to Testify Before US Congress Over Jeffrey Epstein Links
Walmart's Earnings and UK Economic Data Highlight Upcoming Financial Trends
UK Green Party Considering Proposal to Legalize Heroin for an Inclusive Society
SpaceX's New Vision: Lunar City Takes Precedence Over Mars Colonization
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
Document Suggests Prince Andrew Shared UK Briefing on Afghan Investment Opportunities with Jeffrey Epstein
We will protect them from the digital Wild West.’ Another country will ban social media for under-16s
McDonald's Shortens Breakfast Hours in Australia Due to Egg Shortage
Heineken announces cut of 6,000 jobs due to declining beer demand
Beijing Brands UK Hong Kong Visa Expansion ‘Despicable and Reprehensible’ After Jimmy Lai Sentencing
Tesco Chief Warns UK Is ‘Sleepwalking’ Toward a Joblessness Crisis
Trump’s ‘Act of Great Stupidity’ Comment on UK Chagos Deal Reverberates Through Diplomacy and Strategy
New U.S. filings say Jeffrey Epstein repaid Les Wexner one hundred million dollars after theft allegation
Commerce Secretary Howard Lutnick acknowledges 2012 visit to Jeffrey Epstein’s private island as lawmakers scrutinise past ties
Helsing and Stark Defence loitering-munition drones and Germany’s race to industrialise battlefield autonomy
UK orders deletion of Courtsdesk court-data archive, reigniting the fight over who controls public justice records
UK Police Review Fresh Claims Involving Prince Andrew as Senior Royals Respond to Epstein Files
Keir Starmer’s Premiership Faces Unprecedented Strain as Epstein Fallout Deepens
Starmer Vows to Stay in Office as UK Government Faces Turmoil After Epstein Fallout
China and UK Signal Tentative Reset with Commitment to Steadier, Professionally Managed Relations
UK Confirms Imminent Increase in ETA Fee to £20 as Entry Rules Tighten
UK Signals Possible Seizure of Russia-Linked ‘Shadow Fleet’ Tanker in Escalation of Sanctions Enforcement
Epstein Scandal Piles Unprecedented Pressure on UK Prime Minister Keir Starmer’s Leadership
UK’s ‘Most Romantic Village’ Celebrates Valentine’s Day and Explores the Festival’s Rich History
The Implications of Expanding Voting Rights to Non-EU Foreign Residents in France
Ghislaine Maxwell to Testify Before US Congress on February 9
Al.com Acquired by Crypto.com Founder for $70 Million
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
×