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From TFA: > With TikTok declining to say how much it takes from gifts, the BBC ran an experiment to track where the money goes. > A reporter in Syria contacte
by tspike 4y ago
From TFA:
> With TikTok declining to say how much it takes from gifts, the BBC ran an experiment to track where the money goes.
> A reporter in Syria contacted one of the TikTok-affiliated agencies saying he was living in the camps. He obtained an account and went live, while BBC staff in London sent TikTok gifts worth $106 from another account.
> At the end of the livestream, the balance of the Syrian test account was $33. TikTok had taken 69% of the value of the gifts.
- filoleg 4y agoWhat exactly is "a TikTok-affiliated agency"? Because to me it sounds just like a publishing label that takes a massive cut between the actual content producer (tiktok user) and the platform (TikTok). If that's the case, that's just another situation just like what happened between Spotify and the artists. I heard a lot of noise about it, but turns out Spotify only takes a 30% cut. Why do artists complain about their 70% cut? Oh, that's because artists signed to a label only get a fraction for it, while their label gets the rest. That has nothing to do with Spotify and all with contracts between artists and labels. None of that applies to independent artists with no label, who all get their full 70%. Is "a TikTok-affiliated agency" basically acting as a music label here?
- jasonlotito 4y agoNo. The numbers and article make it clear it's something that happens after they withdraw the money. These are outside the realm of TikTok. And again, TT isn't taking 70%. Anyone suggesting that is wrong. They are taking 38% vs 31% that the creators take.
- jasonlotito 4y agoYes, I read TFA. None of that disputes what I said. UYFM.