Bloomberg Technology published this video item, entitled “How TikTok Is A New Career for Millennials and Gen-Z” – below is their description.
Apr.21 — TikTok’s five highest-paid stars are raking in millions of dollars through sponsorships from brands like Spotify, Amazon and Dunkin’ Donuts. One of the popular content creators is 18-year-old Katie Feeney, who made $1 million on Snapchat in just six weeks. She discusses her journey to become a TikTok star, how the branded content business works and whether she considers TikTok a long-term career. Feeney speaks to Emily Chang on “Bloomberg Technology.”
Bloomberg Technology YouTube Channel
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About This Source - Bloomberg Technology
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.
ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.