Business Insider's new report has revealed details of contracts that show Meta is paying select TikTok creators with over one million followers up to $50,000 per month for posting exclusive content through Instagram Reels.
According to Saednews' Science and Technology service, quoting Hamshahri Online, these contracts are proposed for six months and require creators to post a maximum of 10 Reels per month.
The disclosed contracts show that Meta's payments start at $2,500 per month, which totals $15,000 for six months. Moreover, well-known individuals will receive $50,000 per month, bringing Meta's total payment for six months to $300,000. There are also other plans available, through which creators can earn $25,000, $15,000, or $5,000 per month.
Additional conditions for content creators include promoting their Instagram content twice a month on TikTok or YouTube, encouraging their followers to follow their Instagram account.
