![]() ![]() Before October, the company’s share price had never closed above $30 per share. Those gains have sent Snap’s stock flying higher in recent weeks, closing at $44.29 per share on Friday. Last month, Snap reported it added another 11 million users during Q3, while also increasing revenue 52% year-over-year. Spotlight’s launch comes as Snapchat has enjoyed a resurgent 2020. After taking on TikTok with music-powered features last month, Snapchat this morning is officially launching a dedicated place within its app where users can watch short. The Spotlight tab will be curated by Snap employees and won’t feature public comments. ![]() The feature is debuting Monday in the U.S., as well as several other markets, including Canada, Australia and the U.K., before hitting additional countries later on. The goal is to lower the bar for users to get noticed for creating compelling posts.Īlso Read: Snap 2.0: How Fresh Content and Games Have Spurred Snapchat's Comeback In February, Snap said it was offering up millions a month to creators making high-performing short-form videos for Spotlight. Initial partners include Videoleap and Beatleap by Lightricks, Splice, Powder, and Piata Farms, among others. Whether you’re a celebrity or not won’t matter. Snap launches Creative Kit for Spotlight, which will let developers put their apps inside Snapchats TikTok rival Spotlight (Ashley Carman/The Verge). Users need to be 13 years or older to submit snaps to Spotlight, and 16 or older to get paid for their content.) And it doesn’t matter if you have 1 follower or 1 million followers, according to a person familiar with the feature Snap just wants to highlight great content. There is no set number on how many users will get paid out each day, according to a Snap rep. (Users will be paid based on how many unique views their snap receives. Snap will then pay out $1 million per day to the users who have been picked for that day’s Spotlight tab. The Spotlight tab will be Snapchat’s new go-to spot for users to check out the best pictures and videos of the day, according to Snap Inc.’s moderators. Even that was a dip from when Spotlight first launched in the fall. If their snap is picked, it’ll be featured in the new Spotlight tab, which users can locate at the bottom of their screens using Snapchat’s navigation bar. In February, Snap said it was offering up millions a month to creators making high-performing short-form videos for Spotlight. Here’s the deal: When Snapchatters go to send a picture or video, they’ll now see an option to send their post to Spotlight. And with Dynamic Lenses, you can customize the shared lenses dynamically with contextually relevant data: live scores, leaderboards, weather, location & more. Snapchat is rolling out a new feature on Monday dubbed “Spotlight,” which puts entertaining user-generated content front and center - and they’re willing to pay big bucks to users who come up with creative snaps. With Creative Kit, you can enable your users to share lenses, stickers, filters, videos, and links, from other apps and websites with their friends on Snapchat. ![]()
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