TikTok is back, baby šŸ˜Ž

Montana's case is closed...almost.

Itā€™s Monday and if you feel like someone (or something) is watching you, itā€™s probably Mountain Dewā€”as long as youā€™re a Twitch creator, that is.

POWER PLAYS

A federal judge just put the brakes on Montanaā€™s statewide TikTok ban

Montanaā€™s proposed ban against TikTok has hit a major stumbling block. Late last week, U.S. District Judge Donald Molloy ruled that the proposed law should be blocked on the grounds that it ā€œoversteps state power.ā€ The judge argued that Montanaā€™s ban was a thinly veiled attempt to target ā€œChinaā€™s ostensible role in TikTokā€ā€”not an earnest attempt to protect its residents. A preliminary injunction put that decree into action on November 30.

Montana isnā€™t giving up just yetā€”but the odds arenā€™t in its favor.

Although a spokesperson for Montana Attorney General Austin Knudsen (who authored the proposed ban) emphasized the ā€œpreliminaryā€ nature of Molloyā€™s ruling, the judge himself noted that TikTokā€™s ā€œbetter argumentsā€ indicate ā€œa likelihood to succeedā€ in future proceedings.

The platform isnā€™t leaving anything to chance. TikTok challenged Montanaā€™s proposed ban almost immediately after Governor Greg Gianforte approved it in May, and has since funded separate lawsuits filed by some of its Montana-based creators. Nowā€”just over six months laterā€”those efforts seem to be paying off.

ā€œWe are pleased the judge rejected this unconstitutional law and hundreds of thousands of Montanans can continue to express themselves, earn a living, and find community on TikTok.ā€

Alex Haurek, TikTok spokesperson

HEADLINES IN BRIEF šŸ“°

DATA ā€¢ MILLIONAIRES šŸ“ˆ

This filmmaker has been behind the camera since he was nine years old

Jaden Williamsā€™ passion for video content goes all the way back to elementary school. The creator ā€œfell in love with filmmaking at a very young ageā€ā€”in part due to his motherā€™s own passion for moviesā€”and spent the better part of his adolescence at film club meetings and movie festivals.

ā

ā€œEver since I was nine years old, roughly, Iā€™ve been holding a camcorder.ā€

By the time high school rolled around, Williams had become enmeshed in the world of visual effects. That passion led him to another, all-consuming ā€œobsessionā€: software engineering.

It wasnā€™t until his second year of college as an engineering major that Williams decided to dive back into the kind of filmmaking heā€™d loved as a kid. Making a TikTok account was a practical decision; if the whole content creation thing didnā€™t work out, Williams figured he could always leverage his online following as a marketing tool for his software projects.

ā€œImagine being able to have access to a tool that gives you the audience of millions of people and itā€™s completely free to you anytime you want, any day of the week.ā€

Williams did end up accumulating a massive online followingā€”but that success didnā€™t translate into a simple marketing opportunity. Instead, the TikToker graduated college with a life-changing choice to make: continue with engineering or take an enormous leap of faith.

Just over a year later, Williams is a full-time creator with 2.3 million TikTok followers and nearly 2 million YouTube subscribers. His videos encompass everything from comedy skits to horror short filmsā€”but he hasnā€™t turned his back on engineering, either. Keep reading here to learn more about Williamsā€™ multifaceted approach to content creation.

KEEP AN EYE OUT

How do Gen Z and Millennial viewers feel about #FinTok?

Back in 2022, a study from Vericast found that a similar number of Gen Z respondents reported accessing TikTok vs. YouTube when searching for financial guidance. Since then, TikTokā€™s financial community has been all over the news: #FinTok stars have accumulated millions of followers, appeared in mainstream publications, and even met with President Biden.

With all that cultural sway, youā€™d think #FinTok would be at the front of every Gen Z (and Millennial) mind.

Instead, viewers between the ages of 18 and 42 seem to be looking somewhere else for banking advice: YouTube.

According to a new report from Insider Intelligence (aka eMarketer), YouTube is the only platform that provides banking information to more than 60% of both Gen Z and Millennial viewers. That study surveyed a total of 1,488 U.S.-based banking consumers in order ā€œto understand how consumers open new bank accounts or buy bank products/services.ā€

Hereā€™s how the numbers shook out:

  • 65.6% of Gen Z and 63.9% of Millennials turn to YouTube for banking info.

  • The same percentage of Millennialsā€”63.9%ā€”also reported consulting Facebook for financial advice (as opposed to 40.6% of Gen Z).

  • #FinTokā€™s figures were markedly lower: overall, 43.8% of Gen Z and 24.1% of Millennials say they tune into TikTok for banking guidance.

The result: YouTube seems to have pulled ahead when it comes to spreading financial know-howā€”but with digital banking expanding to include 40.4 million Gen Z customers next year, thereā€™s still plenty of viewership to go around.

LISTEN UP šŸŽ™ļø

This week on the podcastā€¦

The turkey coma has worn off and that means itā€™s time to get back to business. Check out the latest episode of Creator Upload to learn all about Amouranthā€™s new venture, the rise of long-form content, and JerryRigEverythingā€™s multimillion-dollar suit against CASETiFY.

Itā€™s all right here on Spotify and Apple Podcasts.

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Today's newsletter is from: Emily Burton, Sam Gutelle, and Josh Cohen. Drew Baldwin helped edit, too. It's a team effort.