SnapChat

Feb
04
2022
By Troy Warren
Snap Reaches 319M Daily Active Users While Revenue Hits $1.3B

Snap Reaches 319M Daily Active Users While Revenue Hits $1.3B

Business, Digital, ,
BY J. CLARA CHAN | HollywoodReporter.ComTroy Warren for CNT #Digital  #BusinessThe parent company of Snapchat bounced back after an earnings miss last quarter.Snap reported $1.3 billion in revenue during Q4 to close out 2021, with daily active users reaching 319 million.The parent company of Snapchat forecast it would reach $1.1 billion to $1.2 billion in revenue for the quarter, while Wall Street analysts predicted revenue would reach $1.2 billion, according to Yahoo Finance. Last quarter, Snap missed the high end of its earnings projections by $3 million, which Snap CEO Evan Spiegel attributed to privacy changes on Apple’s iOS platform,…
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Nov
17
2021
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By Troy Warren
Home Cooks Can Now Use Snapchat to Scan Ingredients and Find Recipes From Allrecipes

Home Cooks Can Now Use Snapchat to Scan Ingredients and Find Recipes From Allrecipes

Digital, Foodie, , ,
By Bailey Fink | FoodAndWine.Com Troy Warren for CNT #Foodie #Digital Simply scan your ingredients and you'll find recipes in an instant. Choosing a recipe just got even easier thanks to Snapchat's new Food Scan feature. Every month more than 170 million Snapchat users utilize the Scan feature to identify dog breeds, plants and trees, wine bottles, and more — and now they can scan actual food ingredients to find recipes. Snapchat is teaming up with Allrecipes to help home cooks find recipes based on the ingredients they have on hand. All they have to do is place the ingredient on a…
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Oct
08
2021
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By Troy Warren
Snapchat to Offer $25K “Prizes” for Top Videos From Creators

Snapchat to Offer $25K “Prizes” for Top Videos From Creators

Digital,
BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #Digital Beginning next month, an average of three to five creators will be given cash awards for top-performing content that fit the criteria of each challenge. Snapchat will begin giving out cash prizes next month to users who create top-performing content that meet the criteria of specific “challenges,” such as the use of a specific augmented reality lens or audio clip, parent company Snap said on Wednesday. Called Spotlight Challenges, named after Snapchat’s user-generated platform that mimics TikTok’s for you page, U.S. users age 16 and older can receive awards from a pool of…
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Jul
26
2021
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By Troy Warren
Snap Reaches 293M Users, Revenue Sharply Increases

Snap Reaches 293M Users, Revenue Sharply Increases

Business, Digital, , ,
BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT The company reported $982 million in revenue for the second quarter of 2021. Snap, the parent company of Snapchat, on Thursday reported a 116 percent increase in revenue in its second quarter and a 23 percent increase in daily active users. The company made $982 million in Q2 and has reached 293 million daily active users, according to a report released ahead of Snap’s earnings call. The company also decreased its net loss to $152 million, compared to $326 million in the previous year. “Our second quarter results reflect the broad-based strength…
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Jul
20
2021
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By Troy Warren
HBO Max Puts Free Episodes of ‘Gossip Girl,’ ‘Euphoria’ and More on Snapchat

HBO Max Puts Free Episodes of ‘Gossip Girl,’ ‘Euphoria’ and More on Snapchat

Digital, ,
BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT The WarnerMedia streamer is the first to bring free, full-length programming to Snap Minis, which host third-party apps on Snapchat. HBO Max is giving Snapchat users access to free, full-length episodes of hit shows like Gossip Girl, Euphoria, Game of Thrones and more, the streamer said on Tuesday. HBO Max is the first major streamer to bring full-length programming to Snap Minis, a platform on Snapchat that hosts third-party apps. On the HBO Max Snap Mini, Snapchatters will get to watch the select episodes with up to 63 of their friends and share comments and Bitmoji…
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Jun
27
2021
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By Troy Warren
Snap Strikes Licensing Deal With Universal Music Group to Bring Entire Catalogue to Snapchat

Snap Strikes Licensing Deal With Universal Music Group to Bring Entire Catalogue to Snapchat

Digital, Technology, ,
BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT Snapchat users will now be able to access music from major artists and use them via the Sounds tool and on AR Lenses. Snap inked a multi-year licensing deal with Universal Music Group on Thursday that will bring the label’s entire recorded catalogue to Snapchat. Snapchat users will now be able to access music from major artists and use them via the Sounds tool, which allows users to add music clips to their Snaps or on their Stories, on augmented reality lenses and in curated playlists. UMG and Snap will also partner to release more…
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