Created Briefs: November 5, 2021

Pinterest Home Shopping Network?

Pinterest is launching a shopping live series on Nov. 8 called Pinterest TV. The company will air a special every weekday at 6pm ET on its mobile apps featuring a select creator. Each episode will cover fashion, beauty, home, food and more. On Fridays, Pinterest will air a QVC-like shopping show where viewers can purchase exclusive products from different brands.

All episodes will be recorded and available for replay on the app. They'll be designated with a TV icon. Viewers can ask questions to creators during live tapings.

Pinterest has also debuted a "virtual studio" which offers creators technical support from the company's producers. Creators can also collaborate with their peers in this space. Products can be shown off and tagged during shows and discounts offered.

Pinterest hops on the live shopping trend with Pinterest TV
On Fridays, episodes will include exclusive product drops.

Speak and Sell

Suffering from privacy changes on iOS, more platforms like Facebook and Snap are shifting to commerce to make up the difference.  The overlap of social and commerce is undeniable.

Facebook, Snap Eye Commerce Expansion as Apple Roils Ads Businesses
Buffeted by Apple’s clampdown on user tracking, Facebook—now known as Meta Platforms—is moving quickly to revamp its ad business. Like its smaller rival Snap, whose business Apple’s changes affected even more, Facebook’s efforts include both ad tech modifications and a more intense focus on ...


Patreon Looks at Future with Crypto

During The Information's Creator Economy Summit last week, Patreon says that it's exploring the opportunity about supporting creator coins, but there are no plans now about creating any initial coin offering – it's not currently allowed under Patreon's guidelines.

Chief Product Officer Julian Gutman acknowledged Patreon is interested in "evaluating and understanding how NFTs or some of the underlying technologies help us create that sustainable long-term earnings for creators."

Company Chief Executive Jack Conte:

“What I will say about crypto and NFTs in general is I really love the idea of creators owning their media and owning their content. I love the idea of creators having leverage and control. I love the idea of creators owning their audience data instead of platforms. I love the idea of a lot of this underlying infrastructure empowering creators for independence. I love the idea of shifting power away from institutions and toward individual creative people. I think that’s what a lot of this technology is getting at, and what I think is really deeply exciting about it.”
Patreon confirms it’s exploring crypto as a way for creators to make money – TechCrunch
Patreon CEO and co-founder Jack Conte and Chief Product Officer Julian Gutman spoke on a panel at The Information’s 2021 Creator Economy Summit yesterday, where they were asked about the membership platform’s plans for crypto. “There’s clearly enormous innovation happening i…


Streamlabs Q3 Streaming Report

Streamlabs and StreamHatch have released their report on Q3 and it has some super interesting insights:

  • Just Chatting reigns supreme as the most-watched category across all live streaming platforms with 707 million hours watched
  • The top ten Twitch channels accounted for 290.7 million hours of watch time in Q3 2021, or approximately 5% of total Twitch watch hours.
  • The top ten Facebook Gaming channels accounted for 49 million hours of watch time in Q3 2021, or approximately 4% of total Facebook Gaming watch hours.
  • For the first time, Facebook Gaming overtakes YouTube Gaming in hours watched.
  • Facebook Gaming is the only platform to experience an increase in hours watched in Q3'21.
  • Twitch’s “Just Chatting” was the most-watched category across all live streaming platforms.
  • For the first time, Twitch experienced a year-over-year decrease in the number of unique channels streaming on the platform.
  • YouTube Gaming is improving streaming functionality and placing big bets on streamer acquisition.
Top Live Streaming Content Creators in Q3 2021
The latest report and live streaming data breaking down the top live streaming categories and content creators across Twitch, YouTube Gaming, and Facebook Gaming.


Facebook Changes Subscription Products to Help Creators Make More Money

Mark Zuckerberg made news with his most recent post speaking to the value of supporting creators.

  • We're launching a promotional link for creators for their Subscriptions offering. When people subscribe using this link, creators will keep all the money they earn (minus taxes).
  • Creators will have more ownership of their audience -- we're giving the ability for them to download the email addresses of all of their new subscribers.
  • We’re launching a bonus program that pays creators for each new subscriber they get as part of our $1 billion creator investment announced this summer.
Facebook skirts Apple’s App Store fees with custom subscription links for creators
Creators will keep all their revenue if people pay for their Facebook subscriptions through custom web links.


Facebook Launches Paid 'Subgroups'

Facebook is testing new tools allowing group admins to monetize their presence on the social media platform: shopping, fundraising, and subscription features.

With community shopping and fundraising, these are opportunities that are available elsewhere on Facebook. However, subscriptions are a new feature. These are paid subgroups that are for select members where participants pay a monthly fee to join. These paid subgroups can be free.

Other announcements made at Facebook's Communities Summit:

  • New customization features allow admins to change the background, font styles, etc.
  • Community chats allow admins and moderators to communicate with one another
  • New "featured" section that group admins can pin content to the top of the group page
  • Testing a new set of features streamlining group and Pages experience for admins who manage both a group and a corresponding page

https://www.engadget.com/facebook-is-adding-monetization-features-to-groups-160031356.html


Instagram Lets People Publicly Participate in Stories

Last week, Instagram rolled out its link stickers. Now the photo and video social app is getting an "Add Yours" sticker. It'll prompt your fans and followers to create threads in Stories, contributing their own "post" to a Story.

https://www.engadget.com/instagram-add-yours-sticker-rollout-195412390.html


Attention Economy, Is That Still a Thing?

There's been a lot of jockeying to figure out the best way to frame the current and next phases of the Creator Economy.  It's one of those situations where likely everyone is right to some degree or another.

Antler is attempting to frame what's next in terms of Attention.  This feels a bit long in the tooth since I know we've been talking about the Attention Economy for something like a decade, but what do we know.

https://www.antler.co/blog/web-3.0-the-attention-economy

The Link-in-Bio space has never been more crowded and Bitly wants to add to the mix now.  and it makes sense.

Bitly has long been a keader in the oink shortening business and if you believe them, people were already shortening links to add to the LIB tools so why not remove the extra step?

Harbour thinks its analytics will give Bitly an advantage in the already crowded link-in-bio market, giving creators tools to see where fans who click on link-in-bio URLs end up next. This could be especially helpful for e-commerce through social media bios. Harbour said that around 25 million to 30 million links are created to direct potential buyers to Amazon through Bitly every month.
How Bitly is Remaking Itself in the Age of Creators
In a blast from the past, Bitly, a company that has quietly been shortening links for over a decade, is trying to make its way back to the limelight with the creator economy.Bitly is launching a beta version of Link Launchpad, a link-in-bio feature that acts as a landing page creators can use to ...

AfterParty

Another player raises money in the race to arm creators with coins and NFTs.

Afterparty raises $3M so creators can share NFT social tokens with fans
Afterparty has raised $3 million for its nonfungible token (NFT) platform for creators to engage with their fans and generate better revenues.


Twitter API Expands

Twitter continues to expand its API to be more inclusive of its new tools and features.

Twitter expands API with support for posting and deleting tweets, Super Follows and more – TechCrunch
Twitter has been steadily updating its rebuilt API following its mid-2020 relaunch. Most recently, the company added support for Twitter Spaces to its developer platform. Today, it’s announcing support that will enable developers to build better Twitter bots by launching new end points that a…