Social Media Means
Social Media Means
Photo: Monstera
For example, a media company may receive $200 for the first 1 million Reels views on a given account, then $100 for every 1 million views after that with the payment maxing out at $1,200. In some cases, the maximum payouts can surpass $20,000 per month, according to the media executives.
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Read More »Instagram is paying media companies for posting Reels that reach certain view count thresholds, according to executives at media companies participating in the program. Last year Instagram rolled out a program to pay individual creators for posting Reels, and it has been expanding the program to media companies. “We continue to test Reels bonuses with all sorts of creators with less than 1 million followers. We haven’t made any recent changes and the bonuses that select publishers have access to are no different than what’s available to other creators in the program,” a Meta spokesperson said in a statement sent after this article published. “It’s very all over the place. You don’t know that it’s getting turned on; it just gets turned on and you’re like, ‘Oh, I guess we’re eligible,’” said one media executive. “It’s been a bit of a black box,” said a second media executive. “Candidly, we haven’t got too much information into the mechanics. We’ve just gotten a dashboard that is starting to show revenue pouring in every week — not pouring in but a meaningful amount.” The payment amounts made to media companies vary by account, but they are based on the number of views that an account’s Reels receive and are capped each month. For example, a media company may receive $200 for the first 1 million Reels views on a given account, then $100 for every 1 million views after that with the payment maxing out at $1,200. In some cases, the maximum payouts can surpass $20,000 per month, according to the media executives. “We’ve been encouraged by [the payments going to] one of our accounts, so that will definitely influence the amount of energy that we’ll start putting into Reels,” said the second media executive.
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Read More »Instagram is incentivizing media companies to post Reels as the platform attempts to compete with TikTok. That undertaking has not been easy going for the Meta-owned platform. Most recently Instagram reversed course on a test to make its user interface more closely resemble TikTok’s. And it’s unclear to what extent the publisher payment program will succeed in incentivizing media companies to post Reels. Short-form video payment programs have been losing their luster among video makers because they pale in comparison to actual revenue-sharing programs. As creator and VidCon co-founder Hank Green covered in a video he posted to YouTube earlier this year, these payment programs put arbitrary limits on the amount of money that platforms pay to video makers, whereas revenue-sharing programs like YouTube’s AdSense program provide a sustainable source of money that scales with viewership. “If you are an individual creator, if this is your side gig or something, a couple thousand dollars per month — it’s fine. But for a [media company]? I mean, no,” said the first media executive. This article has been updated to include a statement from a Meta spokesperson.
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