ICYMI: What's at Stake for Influencers Crossing Hollywood's Picket LineWhy Influencers Are (Sort Of) on Strike⏰ 1-SECOND SUMMARY
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CAPTIV8’S DEFINITIVE GUIDE TO FTC ENDORSEMENT COMPLIANCETikTok’s in-platform disclosure may no longer be enough according to the FTC’s latest endorsement guides. Download Captiv8’s guide to easily discover what has changed and how brands, influencers, and marketers can stay compliant. *sponsored 👆🏻 CLICK THRUWhat's at Stake for Influencers Crossing Hollywood's Picket Line📝 What’s happening: SAG-AFTRA, the union that covers film and TV actors, radio personalities, models and even influencers, went on strike July 14 over an ongoing labor dispute around better pay and working conditions with the Alliance of Motion Picture and Television Producers (AMPTP). 👀 Why does this matter to digital creators: Earlier this week, SAG-AFTRA released a set of guidelines specifically for influencers. The tl;dr of FAQ for influencers:
❗️Why is SAG-AFTRA telling influencers what to do: The penalty for crossing the picket line and promoting “struck work” could crush any future dreams an influencer has of writing a script, booking a commercial, or starring in TV shows or movies. Even if an influencer doesn’t have traditional entertainment aspirations, an agreement reached in 2021 means SAG-AFTRA now offers health benefits and pension plans to influencers who qualify. But influencers who accept any new work for “promotion of struck companies or their content” will not be admitted into the union. 🔑 Influencers are largely complying: Management teams I've spoken with have been advising their creator clients not to participate in any entertainment business related activities. But there may be less awareness of the conflict and possible repercussions outside of Los Angeles and New York. “I am happy to be someone on the ground working with creators but also well connected with Hollywood studios and the agencies that support them,” Brandy Star Merriweather, founder of BStarPR, told me, adding, “The lack of education, insight, and proximity some of the talent and managers in Atlanta have is shown in moments like this.” Merriweather says she’s seen a sudden influx of offers targeting young BIPOC creators in Atlanta as more traditional talent becomes unavailable. “While some creators may not have aspirations to be in film or TV, many of them do, and truly have a lot of talent and potential to accomplish just that.” To her clients, Brandy has been telling them to act responsibly and do what’s right. “You’ll thank yourself later.” ✨ The opportunity: It’s not lost on anyone that there is an opportunity for brands, creators and even social platforms to fill the content void for TV and movie viewers — without violating strike rules. If you’re a creator or brand wondering how to capitalize on this, consider creating serialized content that offers viewers a consistently entertaining experience, minus any Hollywood mentions. Consider the YouTube model, where a new episode gets dropped at the same time each week. Viewers like predictable entities. On social media, that can be familiar faces, a recurring theme and a consistent schedule. In the movie industry, that’s why you see so many remakes of popular franchises and you get social proof taglines like, “From the producer / director / writer of [insert movie title viewers recognize here].” And while long-form videos could serve as a direct replacement for TV, even short-form videos may benefit in the current battle for people’s attention. The strike doesn’t shut down influencer marketing, it just shifts the focus out of theaters, away from TV screens and even further online. 3 Ways Creators Are Making MoneyThere’s no central theme to this list, just an interesting collection of content and stories I saw this week around how creators are monetizing their online influence.
📣 QUOTE OF THE WEEK
- Simon Kemp, CEO of Kepios and Chief Analyst at DataReportal, speculating on Mark Zuckerberg’s purpose in launching Threads in the new Digital 2023 Global Statshot Report. 🧮 DATA OF THE WEEK
- Gen Z and Millennials prefer creator content over retailer websites. In fact, Gen Z women even rank creators higher than friends and family when it comes to beauty and personal care recommendations, according to the newly released LTK Beauty Shopper Study. 📖 ON YOUR RADAR
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