How Billionaires Are Fighting the Prop 40 California Wealth Tax

© Ben Jones

© Ben Jones

© Ben Jones

Kevin Mazur/MG26/Getty Images for The Met Museum/Vogue
Instagram's top executive, Adam Mosseri, has a plan to keep the platform "culturally relevant" — by making it more like YouTube.
Meta-owned Instagram unveiled an overhaul of long-form video features on Monday, including a test of horizontal videos called "Features." Taken together, the changes make the app feel a lot more like YouTube.
"We want to be the most culturally relevant platform," Mosseri said in an interview with content creators and founders of Press Publish, Colin Rosenblum and Samir Chaudry. "To do that, we just need to show up where people are."
The context: YouTube has become a major hit on TV screens, and there's a growing appetite for Instagram-native shows with recurring episodes.
"Subway Takes," hosted by Kareem Rahma, is a prime example of Instagram's strengths and limits. The show started in 2023 as a short-form interview series and, as it grew, expanded with longer-form cuts on YouTube and the streaming platform Tubi. Instagram, however, is where Rahma's show still has its largest audience of 2.4 million followers.
Instagram doesn't want people to go to YouTube or Tubi to see longer versions of shows like "Subway Takes." That's leaving ad revenue and user engagement on the table. Its new tools are designed to entice creators and viewers to stay on its platform.
Meta
This isn't Instagram's first time dabbling in long-form content.
In 2018, it launched IGTV, a long-form video format and stand-alone app. In 2020, Instagram rolled out a program that let creators earn money from those videos on IGTV. Four years after launching, the company sunset the IGTV app and shifted its video efforts to Reels.
There are a few key elements missing from Instagram's big leap (back) into long-form video.
You can't watch the video while continuing to scroll through Instagram, or multitask by opening other apps while keeping the Instagram content in a picture-in-picture pop-up. There also aren't automated transcripts and subtitles yet. A spokesperson for Meta told Business Insider that there are plans for these features.
For creators, one key question and pain point looms: Will Meta share the honeypot?
Mosseri told Rosenblum and Chaudry that Instagram is thinking about ways to test pre-roll and mid-roll ads that could lead to a revenue split. However, he said previous attempts by Instagram to build a creator monetization system comparable to YouTube's Partner Program didn't prove beneficial for the platform.
"We spend more money than we make back by a long shot," Mosseri said of Instagram's previous efforts at broad revenue-sharing programs.
Mosseri said that in its previous iterations of content monetization, creators typically didn't produce more content than they already did for free, and the content they did create tended to be lower quality.
Still, Instagram will need to "figure it out" as it tries to crack longer-form content, Mosseri said.
"I don't think of platform payments or performance-based incentives or bonuses as a revenue driver," Mosseri added. "I'd be psyched to scale them up for any of these formats — as long as we're breaking even."

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Influencer marketing has ballooned into a $12 billion industry in the US. And yet, running campaigns can still feel unpredictable.
Business Insider asked more than a dozen executives at top brands like Poppi, E.l.f. Beauty, and the National Football League what challenges they face when working with creators. Three common pain points emerged.
First, it's tough to find relevant talent amid a growing pool of content creators. It can also be tricky to agree on content copy when balancing a brand's messaging goals with the creator's own voice. Lastly, campaign performance can be erratic as social-media algorithms become more personalized and harder to crack.
Buying influencer ads, unlike TV spots or display ads, requires a human touch. It's tough to automate (despite some attempts to do so). Forty-five percent of brands said they relied on manual processes like spreadsheets, emails, and DMs to run creator campaigns, according to a June survey of 209 executives conducted by Northwestern University and LTK.
"We're dealing with people, and making content is their time and their business, and it's hard," said Lindsay Burstein, senior director of integrated social and communications at Keurig Dr Pepper. "We're always looking for ways to do it faster and in a way that feels more real-time so that we're keeping up with the pace and the culture of the internet. But also knowing that these are people. They have lives. They have other commitments."
Read on for more details on the common pain points that emerged from our conversations with marketing executives at 14 brands. These execs were recently featured in Business Insider's 2026 list of innovative influencer marketers.

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Alex Tait on a proposed amendment to the representation of the people bill, and Dr Joseph Mullen on Russian interference in the Brexit referendum
Andy Burnham’s comments about Russian interference in Brexit (Report, 11 October) and the warning by the MI5 chief, Ken McCallum, against exaggerating its impact (Report, 13 October) risk overlooking another serious threat to electoral integrity: disinformation from our own political parties and campaigners.
Foreign interference deserves scrutiny, but misleading factual claims in electoral advertising are unregulated, unlike in commercial advertising. We have four sets of rules to ensure an advert for a packet of sausages is accurate, but none for the most important advertising of all – ads that influence how we vote.
Continue reading...
© Photograph: Tuomas A Lehtinen/Getty Images

© Photograph: Tuomas A Lehtinen/Getty Images

© Photograph: Tuomas A Lehtinen/Getty Images

