#creator-economy

#creator-economy

Inspired by '70s assembly lines and workshops, the duo-floor space offers personalized service to the brand's range of smartphones and audio products, and comes with studio space for social media content creators. It also features a community hangout zone with vending machines, claw games and conveyor belt displays, and a coffee shop in collaboration with Practically SoBar. The brand said the store will also host meetups and collaborations with local creators in the future, and offer Nothing brand merch.

The job reductions, which hit a variety of roles including software engineers and staffers who worked with creators, affected a low single-digit percentage of LTK's overall head count, which numbers over 550 employees, they said. "LTK recently completed a targeted organizational restructure to ensure we are aligned around the skills and priorities required for our next phase of growth," the spokesperson said. "This was not a broad-based layoff, but a strategic realignment focused on strengthening performance and positioning the business for long-term success."

Step, which raised half a billion in funding and has grown to over 7 million users, offers financial services geared toward Gen Z to help them build credit, save money, and invest. The company has attracted celebrity investors like Charli D'Amelio, Will Smith, The Chainsmokers, and Stephen Curry, in addition to venture firms like General Catalyst, Coatue, and the payments company Stripe.

A digital product is any non-physical item sold online and delivered electronically. This category encompasses a wide range of offerings: ebooks that teach specific skills, online courses that provide comprehensive training, design templates that save creators hours of work, stock media libraries offering photography and video, printables like planners and checklists, software tools that automate tasks, and audio files ranging from music to guided meditations.

Anyone in marketing gawking at the near-billion price tag attached to TikTok creator Khaby Lame and his deal with Rich Sparkle Holdings isn't really looking at innovation. They're witnessing faith. Faith in what this industry has collectively agreed to let numbers represent. Because that $975 million valuation doesn't seem to be rooted in the nuts and bolts of Lame's company Step Distinctive Limited's financials so much as the gravitational pull of his audience.

For years, the creator economy has rewarded founders who built audiences and companies simultaneously, serving as talent, brand, strategist and executive all at once. But as teams grow, revenue diversifies and operational complexity increases, that model is increasingly under pressure. One of the clearest examples comes from Smosh, one of YouTube's longest-standing creator businesses. Nearly two decades after its founding, Smosh has survived multiple platform evolutions, monetization resets and cultural changes by intentionally separating creative leadership from executive control.

Segal developed ELLO over seven years, drawing from his background operating a licensed YouTube Multi-Channel Network. The result is a hybrid platform that merges media publishing with secure messaging, eliminating reliance on social algorithms or third-party dashboards. ELLO supports video, audio, livestreaming, and digital publishing within a unified interface. For legacy media brands, the platform enables mobile-native magazine publishing-eschewing PDFs in favor of scrollable, interactive formats optimized for smartphone consumption.

What Patreon is referring to is the mandate Apple announced in 2024 around subscription billing changes. It said that Patreon must move all its creators to subscription billing using Apple's in-app purchase system by November 2025 or else Patreon would risk removal from the App Store. Apple made this decision because Patreon was managing the billing for some percentage of creators' subscriptions, and the tech giant saw that as skirting its App Store commission structure.

"Net-30 is still the most common, but it's definitely extending," said one talent agency executive. "I'm seeing a lot more 60, 45[-day payment windows], or 30 days from the end of the month [as opposed to from the date the campaign went live]. I've occasionally seen 90 and 180, but that's been a little rare. But it's extending a lot."

Despite selling Step Distinctive Limited to Rich Sparkle, Lame will remain as the controlling shareholder of the company. "This is not just an equity acquisition, but a revolution in the global content e-commerce model," Rich Sparkle said in a statement. The content creator also signed on for an AI likeness of himself to take shape, allowing more of his multilingual content to be shared on the global stage.

Michela Allocca, founder of the personal finance brand Break Your Budget, got started with just her iPhone and an Instagram account. She had a friend take pictures of her around Boston, where she was living and working at the time, "and I would literally post a picture of myself and write a long caption about three steps to start investing," she told Business Insider.

Duetti, a financing platform for independent artists, has raised $50M in Series C funding led by The Raine Group. Founded by Lior Tibon and Christopher Nolte in 2022, Duetti has now raised a total of $143M in reported equity funding. Benepass, a benefits administration platform, has raised $40M in Series B funding led by Cenana Growth Partners. Founded by Jaclyn Chen, Kabir Soorya, and Mark Fischer in 2019, Benepass has now raised a total of $74.7M in reported equity funding.

In a Financial Times op-ed late last month, he pointed to a major milestone in the creator economy: an analysis from WPP Media indicated that creator-generated content would fetch the same share of global ad revenue as the radio and newspaper industries would in 2025. "Advertising revenues are not flowing to traditional platforms," Donovan wrote. "To get a message across in the modern world, you need to find a 15-year-old with a smartphone and a nice set of dance moves."

According to XCreators, the initiative is designed to encourage creators to produce high-quality, original content that sparks conversation, breaks news and shapes culture. The winning article must be original, a minimum of 1,000 words and will be primarily judged based on Verified Home Timeline impressions. The official announcement states that content that violates X's policies or is hateful, fraudulent, or manipulative will not be taken into consideration, and that only users in the United States are eligible.

The resolution, known as the Creator Bill of Rights, expresses the sense of the House of Representatives that creators and digital workers represent "a distinct and growing class of small businesses and independent economic contributors" who deserve fair treatment, transparency, and economic opportunity in a platform-driven economy. The creator economy is currently valued at $250 billion globally and is expected to reach $480 billion by 2027, according to figures cited in the press release announcing the resolution.

Wonder Project quietly enlisted a group of eight social media creators last year to help promote shows such as Amazon Prime Video's " House of David " and the upcoming family drama "It's Not Like That." The creators were given broad access to Wonder Project series, including early screeners, set visits, clips and other assets that are ready-made for creators to craft social media posts that help spread the word about the shows.

At $8 million for a 30-second Super Bowl spot, celebrities are expected to maintain their monopoly on Big Game commercials this year, keeping influencers and creators in the wing for social and experiential campaigns. "It's just viewership demographics. You cast a really wide net of people watching it, and you want as many people as possible to recognize the person you're putting on the screen," said Jerry Hoak, chief creative officer at The Martin Agency.

We are still at the early stages of another big shift in technology (Generative AI) which threatens to upend the news industry by offering more efficient ways of accessing and distilling information at scale. At the same time, creators and influencers (humans) are driving a shift towards personality-led news, at the expense of media institutions that can often feel less relevant, less interesting, and less authentic. In 2026 the news media are likely to be further squeezed by these two powerful forces.

Even more influencers than usual are flocking to Dubai this weekend for the 1 Billion Followers Summit that will take over the city's financial district, the Museum of the Future, and government hub Emirates Towers. Touted as the world's largest gathering for content creators, the three-day event kicked off Friday with 30,000 attendees expected - including YouTuber MrBeast, Republican figurehead Lara Trump, and Dubai resident and former soccer star Rio Ferdinand.