Putting The ‘Ads’ In ‘Threads’
At long last, brands on Threads can buy ads. Well, a small group of brands, anyway.
Almost a year and a half after Threads first hit the internet in July 2023, Meta is finally starting to flirt with monetization in the US and Japan, Bloomberg reports.
The tests will only include a “handful of brands,” according to Head of Instagram Adam Mosseri, and will be developed with “the goal of getting ads on Threads to a place where they are as interesting as organic content.”
That shouldn’t be hard, considering that Threads has a reputation for “brand-on-brand chatter,” as Wired put it back when the platform first launched.
Joking aside, brands aren’t the only ones using Threads. As of December, there are now more than 300 million monthly active users and 100 million daily active users. (Although, we should point out, that was before all the recent changes to Meta’s fact-checking and moderation policies.)
A Feather In Your CapCut
Speaking of Threads, a shameless Twitter clone, Meta is also trying to copy-and-paste an alternative to CapCut, the creative production and editing tool that’s the sister app to TikTok.
Last week, Meta announced what it’s calling … Edits. Hopefully, the app’s features are more creative than its name.
Unlike Threads, which Mark Zuckerberg believes could hit 1 billion users – he’s said that from the start – Edits is for a relatively niche group of creators, as opposed to casual video-posters.
CapCut is a low-key major differentiator that creates a legit moat for TikTok’s business and gives posts on the platform their particular creative “vibe.” Even without the TikTok watermark, many Instagram Reels vids just feel like they’ve been reposted from TikTok. That’s because they were edited using CapCut.
Meta itself has changed its policy from outright blocking Reels bearing the TikTok watermark to its current state of formal disapproval. Accounts can share vids with the TikTok watermark, but those posts are quashed by the algorithm.
Smash That Slop Button
YouTube’s creator community is getting annoyed at the platform’s new generative AI suggestions, Aftermath reports.
It started a month ago when YouTube introduced a new version of its “Inspiration Tab” to the Creator Studio. Previously known as the “Research” tab before it was revamped in June, this feature showed popular trending topics, highlighted existing videos from similar channels and ranked new search terms by potential viewer interest.
Now, the Inspiration Tab also generates titles, full outlines and even image thumbnails, all intended to help creators come up with new ideas for future projects. Except, apparently, its ideas aren’t very good.
According to screenshots that video game essayists shared with Aftermath, the algorithm often suggests ideas that feel derivative or that rehash videos they’ve already posted. Not to mention recommending impossible-to-cover topics, like video games that don’t exist, and generating thumbnails with misspelled text.
The real kicker, writes Aftermath’s Nathan Grayson, is that the platform itself often rates these ideas as being of “low interest” (or “total snoozers,” in his words) to the creator’s audience.
Is anyone actually using these suggestions? Probably. YouTube is a big place, after all. But if this backlash is any indication, don’t expect the higher-quality creators to join in.
But Wait! There’s More
Here’s what could complicate a TikTok sale in the US. [Adweek]
Creators are split on whether to keep using TikTok’s editing app CapCut following TikTok’s shutdown and return. [Digiday]
The EU plans to grill social media companies on their ability to curb disinformation ahead of Germany’s elections. [Reuters]
Daniel Guarnera, a DOJ antitrust attorney who worked on the Google advertising case, has been selected for a key FTC position. [Bloomberg]
So far, Meta’s DEI pivot hasn’t yet affected its bottom line. [Business Insider]
You’re Hired
Dentsu hires the IAB’s Jeffrey Bustos to build out retail media measurement. [Adweek]
Consumer insights company Azira appoints Stephanie Bunnell as SVP of global marketing. [release]