What Does the Hollywood Strike Mean for You?

The gap between creators and Hollywood is smaller than ever

Good morning.Ā Last week, Meta projected that Reels annual revenue will grow to $10 billion this year. Thatā€™s about the size of TikTok's global ad revenue in 2022 (this year, TikTok is forecast to earn $13.2 billion). As much as Reels seems like the less-cool cousin of TikTok, the numbers suggest itā€™s coming into its own competitive angle.

How Should Creators Navigate the Hollywood Strike?

Moy Zhong

Writers and actors are striking together for the first time since 1960 to battle studios they suspect want to further cut talent payouts as AI and streaming dominate entertainment.

Where do creators fit into all of this?

We spoke with The Creatorsā€™ Attorney, Tyler Chou, about creatorsā€™ role in the SAG-AFTRA and Writers Guild dual strikeā€”and why the gap between creators and Hollywood is smaller than ever.

Can creators promote movies and TV shows?

SAG says only those that arenā€™t included in the strike (some productions didnā€™t use SAG actors or were granted waivers). Creators can check this site or reach out to SAG via email to see if the work they want to promote is fair game.

  • Worth noting: SAG discourages creators from making content about strike-affected work in any capacity (for instance, fashion inspired by the Barbie movie).

Why should creators stand with SAG-AFTRA?

ā€œItā€™s important for creators to realize that as much as creators focus on creating for the beauty and sake of creation and by tapping into their passion, they are exactly like all of the working actors who act because of their love of acting,ā€ Chou said. ā€œOnly 1% of actors make the big acting fees that we hear about.ā€

  • FYI: 87% of SAG members donā€™t get union health insurance because they donā€™t make the minimum yearly salary of $26,000 required to qualify.

ā€œI predict this strike is bringing SAG into the consciousness of creators,ā€ Chou said, ā€œand they will consider joining with the realization that SAG could ultimately protect them and offer benefits that they do not have on their own.ā€

Those benefits could include advocating and negotiating minimums for brand deals, offering healthcare, and more.

Zoom out: While YouTube is pulling in more viewership than streaming services and TV networks, the line between creators and Hollywood is blurring. Actors like Paul Scheer and Jason Bateman have podcasts, while creators like Quinta Brunson and Reece Feldman actively work in Hollywood.

ā€œThese companies that the actors and writers are fighting against are the same ones who hire creators, so by making the studios and streamers accountableā€¦they are setting precedents to make sure that [studios] also donā€™t [take advantage of] creators,ā€ Chou said.

Victoria Paris Reports Uptick in TikTok Earnings

Victoria Paris / Instagram

Lifestyle creator Victoria Paris recently shared that she made over $6,000 in one month through TikTokā€™s Creativity Program, significantly topping her average monthly revenue from the platform last year.

Context: Since TikTok launched its Creator Fund in 2020, big time creators like Hank Green have criticized the platform for lackluster payouts compared to other platformsā€™ revenue sharing programs.

In February, TikTok rebranded its fund as a Creativity Program, a move TikTokā€™s former head of product said was a reactive measure to compete with other platforms.

Details: Paris noted that only about one in 20 of her videos meets the Creativity Programā€™s video length requirement of 60 seconds, implying that a smaller share of her videos are earning significantly more than what her entire catalog used to.

FYI: TikTokā€™s Creativity Program is still limited to users in the U.S. Other creator revenue programs including YouTubeā€™s, Snapā€™s, and Twitterā€™s are more widely available globally.

Sponsored by Uscreen

How This Yoga Creator Launched a Profitable Membership Business

Building an online membership business goes hand in hand with building a strong community. And Tara Stiles is a creator whoā€™s mastered both.

Tara combined her experience in classical ballet and her long-time practice in yoga to co-found Strala Yoga. She soon discovered how she could bring together her transformative ballet content with her connected community into a revenue-generating membership business.

Uscreen helps creators like Tara sell their videos online. With it, you can build, launch, and manage your own revenue-generating membership businesses.

In a 1-on-1 interview, Tara reveals how she uses Uscreen to keep her membership community connected and engaged. Learn her strategies behind:

  • Curating content based on member feedback.

  • Hosting virtual community meetups.

  • And moreā€¦

Click here to watch the full interview.

TikTok Rappers on the Rise

Flyana Boss / TikTok

TikTok rappers Flyana Boss became YouTubeā€™s Artist on the Rise last week, their latest achievement in a major month-long rise.

Context: Since June, the LA-based duo has racked up over 165 million views on TikTok promoting their single ā€œYou Wish.ā€ The so-called Flyana Boss challenge videos show them running through unexpected locations from Times Square to Disneyland.

FYI: Their popularity has translated to IRL opportunitiesā€”earlier this month, Flyana Boss performed at the 2023 Essence festival with Megan Thee Stallion. The two have also worked with brands including Google, Chipotle, and TikTok following their first viral video.

Zoom out: Though ā€œYou Wishā€ is their first viral hit, this isnā€™t the first time Flyana Boss have promoted a song through a dance challenge. Missy Elliott recently came to the rappersā€™ defense over their TikTok marketing strategy, which was criticized for being ā€œrepetitive.ā€

šŸ‘€Ā Creator Moves

  • Aquarium Info is hiring a script writer to work on long-form videos.

  • Riley Mae is looking for a YouTube producer with two years of short-form content experience.

  • VanWives is hiring an experienced editor to help with their YouTube channel.

šŸ”„Ā Press Worthy

*This is sponsored advertising content.

šŸŽ Share the Press

When you refer new readers to the Press, you earn merch from the Press Publish shop.

*Hereā€™s your unique link to share: https://news.thepublishpress.com/subscribe?ref=PLACEHOLDER

You currently have 0 referrals. You're only 5 away from receiving Stickers.

*Please do not use fake email addresses ā€” they will not qualify as referrals. Thank you!