Snap wants to be the mind of business people when it comes to editing video on mobile, which is why, at the partnership’s annual meeting today, the company announced a new iOS app that will help it get started. Achieve this goal: Story Studio. It will offer users editing tools specially designed for mobile or vertical videos. The app will pull data from Snapchat and its new Spotlight feature, better known as its TikTok competitor, to help people understand how and what to do.
They can view Snapchat information such as app trends via voice, hashtags and goals. The lenses will be integrated directly into Story Studio, along with Snapchat sounds and stickers, so editors can add them. Of course, like most other video editing applications, users can trim their videos and edit frame by frame. They can then share directly to Snapchat via the built-in button or upload their work to post on other apps. In particular, content created on Story Studio will not include a watermark, which means if posted on other platforms, such as Instagram Reels, it will not be demoted with an algorithm.
https://www.youtube.com/watch?v=_YDx3zJ-3-I
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The app will launch later this year and the company hasn’t shared any further details on the possible Android version.
Additionally, today Snap provides an update for Spotlight. On the one hand, it makes it easier for video editors to upload the content they have created to more sophisticated desktop applications, such as Final Cut Pro. Highlight content can now be downloaded and viewed on the web at snapchat.com/spotlight.
Finally, Snap also adds that it is no longer distributing $ 1 million per day to its best Spotlight makers. Instead, starting June 1, it will distribute millions per month and it hasn’t been determined exactly how much. The amount content creators receive will depend on the engagement their posts receive, as is currently the case, and there is no set limit on how much people can be paid.
This can be a big deal for the company as it marks Spotlight as a huge success. Some teenagers almost became a millionaire overnightthen Snap the word more than 125 million people used this feature in March. At the same time, Snap also claims that more than 500 million people are now monthly active users, which was announced today. It’s possible that Spotlight is playing a role in this growth, but the number of people signing in may decrease when the $ 1 million pledge distributed per day runs out.
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