NYSE:SNAPInteractive Media and Services
The Bull Case For Snap (SNAP) Could Change Following Share Buyback And New Creator Subscriptions
In recent months, Snap completed a US$500.00 million share repurchase covering 61,381,444 shares and rolled out Creator Subscriptions, a new feature that lets a small test group of creators charge US$4.99–US$19.99 per month for exclusive, ad-free content while keeping about 60% of revenue after platform fees.
These moves highlight how Snap is using its more than US$1.00 billion in annual recurring subscription revenue to shift further beyond advertising and deepen its ties with creators and...