1 big thing
Protecting child social media influencers
Aug 16, 2023
Illinois passes legislation to protect child social media influencers, ensuring fair compensation. The podcast also discusses the shortage of ADHD drugs in the U.S. and the limits of autocratic economies. Ticketmaster's new revenue strategy and the rise of 'listening seats' in concerts are also explored.
11:15
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Quick takeaways
- Illinois has passed legislation to protect child social media influencers, requiring earnings to be put into a trust for the child.
- Shortage of ADHD medications in the US causing concern, with supply chain issues and regulations contributing to the problem.
Deep dives
Illinois passes law to protect child social media influencers
Illinois has become the first state in the US to pass legislation to protect child social media influencers. The law requires parents who make money off kids' vlogs and online content to put a percentage of those earnings into a trust for the child. Failure to comply can result in legal action. This law could serve as a model for other states to follow.
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