Facebook's $1 billion influencer gambit


TikTok is now the first non-Facebook app to reach three billion downloads globally, Sensor Tower reported Wednesday, an achievement made all the more notable when taken alongside news of Facebook's plan to pay creators $1 billion through the end of 2022, per CNBC.
Facebook's billion-dollar gambit is just the latest in the creator-courting "arms race," The New York Times writes, and plays into a larger effort from the social network to pry influencers away from apps like the record-breaking TikTok and onto its platforms. TikTok already has its own "deep relationships" within the creator community.
Under the new program, influencers can earn money by using specific Facebook and Instagram features — like regularly-scheduled live streams, for example — or by hitting certain milestones, per the Times. The $1 billion will be "allocated among creators of all types," and Facebook plans to create a system for creators to "track their bonuses on Instagram and Facebook by the end of the year." For now, the program is invite-only.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Direct payments are becoming an "increasingly common way to try and pry creators away from TikTok," the Times writes. Snapchat tried something similar last year, and Facebook had previously paid TikTokers and Youtubers to use certain Instagram features.
"We want to build the best platforms for millions of creators to make a living," said Facebook CEO Mark Zuckerberg. "Investing in creators isn't new for us, but I'm excited to expand this work over time."
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.
-
Book reviews: ‘Red Scare: Blacklists, McCarthyism, and the Making of Modern America’ and ‘How to End a Story: Collected Diaries, 1978–1998’
Feature A political ‘witch hunt’ and Helen Garner’s journal entries
By The Week US Published
-
The backlash against ChatGPT's Studio Ghibli filter
The Explainer The studio's charming style has become part of a nebulous social media trend
By Theara Coleman, The Week US Published
-
Why are student loan borrowers falling behind on payments?
Today's Big Question Delinquencies surge as the Trump administration upends the program
By Joel Mathis, The Week US Published
-
Test flight of orbital rocket from Europe explodes
Speed Read Isar Aerospace conducted the first test flight of the Spectrum orbital rocket, which crashed after takeoff
By Peter Weber, The Week US Published
-
What does an ex-executive's new memoir reveal about Meta's free speech pivot?
Today's Big Question 'Careless People' says Facebook was ready to do China censorship
By Joel Mathis, The Week US Published
-
What's Mark Zuckerberg's net worth?
In Depth The Meta magnate's products are a part of billions of lives
By David Faris Last updated
-
Apple pledges $500B in US spending over 4 years
Speed Read This is a win for Trump, who has pushed to move manufacturing back to the US
By Rafi Schwartz, The Week US Published
-
Microsoft unveils quantum computing breakthrough
Speed Read Researchers say this advance could lead to faster and more powerful computers
By Rafi Schwartz, The Week US Published
-
TikTok's fate uncertain as weekend deadline looms
Speed Read The popular app is set to be banned in the U.S. starting Sunday
By Peter Weber, The Week US Published
-
Appeals court kills FCC net neutrality rule
Speed Read A U.S. appeals court blocked Biden's effort to restore net-neutrality rules
By Peter Weber, The Week US Published
-
Judge rejects Elon Musk's $56B pay package again
Speed Read Judge Kathaleen McCormick upheld her rejection of the Tesla CEO's unprecedented compensation deal
By Peter Weber, The Week US Published