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Starting December 16, TikTok will officially shut down its billion-dollar Creator Fund in the US, UK, Germany, and France. However, creators from Italy and Spain will not be affected by the closure.
Discover TikTok's transition from Creator Fund to the invite-only Creativity Program, aimed at enhancing monetization for content creators.
TikTok has announced that it's shutting down its original $1 billion Creator Fund and shifting the focus to its newer Creativity Program. Starting December 16, the Creator Fund will be discontinued in the United States, United Kingdom, France, and Germany. Creators who are currently enrolled in the Creator Fund can switch to the Creativity Program.
Popular short-form video platform TikTok will discontinue its $2 billion Creator Fund on December 16.
Creator Hank Green said he made about 2.5 cents per 1,000 views on TikTok through the Creator Fund.