Settlement FAQs

how much money from tiktok settlement

by Stella Purdy Published 3 years ago Updated 2 years ago
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This settlement is a result of 21 lawsuits, some of which were filed on behalf of minors, and applies to approximately 89 million TikTok users. TikTok denied all of the allegations behind the lawsuits but agreed to a $92 million settlement for users affected.Jun 2, 2022

Full Answer

Are you eligible for $92 million payout from TikTok settlement?

Millions of TikTok users may be eligible for a payout after TikTok agreed to a $92 million settlement in light of lawsuits over user privacy. AP TikTok users may be eligible for a share of $92 million after the social media company agreed to a class-action settlement.

What does the $92 million settlement with ByteDance mean for TikTok?

The $92 million settlement is small change for TikTok since the app’s parent company, ByteDance, is worth $250 billion, according to Bloomberg. In light of the settlement, TikTok has made changes to its data and privacy settings.

How do you get real money on TikTok?

TikTok has a new feature where users can send virtual gifts for specific videos. The recipients can trade in their awards for real money. How do I collect my TikTok settlement money? Eligible users need to submit a claim by March 1, 2022, if they want to receive money from the settlement. How much is $100 roses on TikTok?

Did TikTok and Snapchat settle $92 million lawsuits?

TikTok and Snapchat are paying out big to some Illinois residents after they both settled multi-million dollar class action privacy lawsuits. CHICAGO (WLS) -- Illinois residents may be getting a substantial payout after TikTok settled a class action privacy lawsuit for $92 million.

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How Do I Qualify For Payment?

If you reside in the United States and used the App prior to September 30, 2021. If you and/or your minor child used the TikTok and/or Musical.ly application, You May Be Entitled to a Payment from a Class Action Settlement.

How Do I File a Claim and Get Paid?

You must submit a completed Claim Form to receive a payment. You will receive your payment by electronic means (unless you opt for an alternative form of payment). You can fill out a claim form on the official class action's website HERE .

How much money was reached in TikTok lawsuit?

A $92 million settlement was reached in TikTok’s class action lawsuit – and you might be eligible for a share of the money.

When do you have to submit a claim for a settlement?

Court documents say that if you qualify for a settlement payment, you must submit a valid claim for before March 1, 2022. There are several ways to submit a claim.

How much is the TikTok settlement?

According to court documents, a proposed $92 million settlement is pending in the TikTok, Inc., Consumer Privacy Litigation, a lawsuit that alleges the company “violated federal and state law by collecting and using" personal data "in connection with their use of the TikTok - Make Your Day video-sharing application" and its predecessor app Musical.ly.

Who owns TikTok?

In September, TikTok announced it had 1 billion users globally. The app, owned by Chinese company ByteDance, has seen its share of controversy and recently came under criticism for its effect on teenage girls' body image.

What is the law that allows tiktoks to collect data without consent?

The federal lawsuit alleged that TikTok broke the Illinois biometric privacy law, which allows suits against companies that harvest consumer data without consent, including via facial and fingerprint scanning. Illinois is the only state with a law that allows people to seek monetary damages for such unauthorized data collection.

What age group uses TikTok?

The app has become a favorite of young people, especially Generation Z. According to a Pew Research Center study from April, about 48% of 18- to 29-year-olds say they use TikTok.

When is the deadline to object to a settlement?

Jan. 31: Deadline to object and tell the court you don't like the settlement and last day to be excluded from the settlement, which means you'll get no benefits.

How much did TikTok pay out?

The video-sharing app TikTok has agreed to pay out $92 million to settle lawsuits alleging the service harvested personal data from its users without their permission, and if you meet the relevant qualifications, you could be eligible for a piece of the pie. Here’s what you need to know about the case and how to submit a claim for your share.

What are the details in the case against TikTok?

It began with a number of lawsuits, many of them filed on behalf of minors, that claimed TikTok “clandestinely vacuumed up” private and personally identifiable data from its users, violating federal and state laws that require written consent before technology companies can mine personal details. The plaintiffs allege TikTok took this data without permission from users as young as 6 years old, then shared it with entities including Facebook, Google, and various companies in China.

Who is eligible for a payout in the settlement?

This is a class action settlement, meaning millions of people qualify. Anyone in the United States who used the TikTok app before Sept. 30, 2021, is eligible. Adults can submit claims on the behalf of their minor children.

How much might I expect to get?

has an estimated 130 million TikTok users; if every one of them successfully applied for a claim, that would amount to about 70 cents per person — before legal fees are taken out of the payout. The total each person gets is ultimately dependent on how many people actually submit a claim.

How to object to a settlement?

To do this, you must send in a written statement of your objection by Jan. 31, 2022. More details here.

Does TikTok send data to foreign companies?

In addition to the sky-high payment — touted as one of the largest in history for a privacy case — the settlement includes agreements from TikTok that the company will no longer record users’ locations or biometric data, including the details of their faces, and will not send data of American users to foreign companies.

Is TikTok a class action?

After more than a year of legal battles, TikTok agreed in February to a class action settlement in which neither side was declared a “winner,” but the app’s parent company would pay up in order to settle the dispute out of court. “Rather than go through lengthy litigation, we’d like to focus our efforts on building a safe and joyful experience for the TikTok community,” a TikTok spokesperson said at the time.

How much money do you get for 1 million views on TikTok?

How much does TikTok pay for each thousand views? If you have a million views on your video, TikTok will give you a maximum of $50.

How much money do you get from TikTok gifts?

There is a minimum amount of money that can be withdrawn. You can withdraw no more than $1,000 a week.

What is gifting on TikTok?

TikTok has a new feature where users can send virtual gifts for specific videos. The recipients can trade in their awards for real money.

How much is $100 roses on TikTok?

Diamonds can be used in Tiktok to redeem real-world currency. The value of a diamond on Tiktok is 5 cents , so 100 diamonds will give you $50.

Is 4000 views on TikTok good?

There are some views. If you have less than 100 views on your videos, you’re going to have a zombie account. A mid-tier account is when a video gets between 1000 and 3000 views. You have a “head” account if your video gets 10,000+ views.

Do TikTok gifts give money?

Diamonds are given to creators based on how popular their videos are. Gifts from followers on your LIVE videos can be used to collect Diamonds. Diamonds can be redeemed for money, which will prompt a transfer to your account.

How to find out how much you can earn on TikTok?

The easiest way to determine how much you could potentially earn from TikTok is to enter your username in our TikTok Influencer Engagement and Earnings Calculator, which you will find near the top of this post. We developed this tool to provide potential earning guidelines to influencers. Ultimately, a brand and an influencer negotiate what they consider to be fair value. We stress that this is only an estimation and can vary greatly by niche, country, audience location, and audience brand affinity.

How to find the engagement rate on TikTok?

However, like most social media networks you can calculate your individual TikTok engagement with the following formula:

What are the expectations of TikTok?

There are certain expectations of TikTokers when they upload videos. For a start, you need to ensure you don’t breach TikTok’s content guidelines. There should be nothing inappropriate in your videos; no hate speech, racism, etc. Remember that some adults do misuse TikTok, so be careful when uploading videos of yourself doing perfectly normal everyday activities that creeps might abuse (e.g., is it really a good idea to upload videos of you and your friends in nighties at a slumber party?) Remember that TikTok is a public social network. Anybody can view your videos.

Why is it important to make tiktok videos?

Nor should you make a wide range of videos trying to keep everybody happy. Successful TikTokers make videos that they know their audience will love. It is much easier to devote your attention to a particular group of people, rather than just making random content.

How many followers do I need to make a living on TikTok?

There is no set magic number of followers needed to make a living on TikTok . The essential factor is the strength of your following. Sure, the more followers you have, the more likely that some will buy your (or your sponsor’s) products. But they will only take notice of you if you’re a genuine influencer, i.e., you have to make your followers sit up and take note of your videos. Accounts with 500K to 1 million followers have the highest average engagement rate overall.

What is the ideal aspect ratio for TikTok?

Like Snapchat and IGTV, the convention on TikTok is to upload vertical videos. The ideal aspect ratio is 1080x1920. Write a suitable description of each video and include relevant hashtags. Pick an exciting thumbnail image for each video. Make sure you pick the most appropriate categories for your videos.

What is the most important thing to do on TikTok?

One of the most essential sections of TikTok is your profile . This is your “page” where you can establish your identity. You want your profile to appear attractive to your intended audience. Your profile needs to highlight your identity as a creator.

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