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ItвЂ™s possible Spotlight had a hand in this growth, but the number of people logging on might decrease when the promise of a million distributed dollars per day disappears. At the same time, Snap also says more than 500 million people are now monthly active users, which it announced today.

Some teens became nearly overnight millionaires, and Snap says over 125 million used the feature in March. This could be a potentially big deal for the company as it heralds Spotlight as a major success. The amount creators receive will be based on the engagement their posts receive, as it is now, and thereвЂ™s no set limit on the number of people who can get paid. Instead, starting June 1st, itвЂ™ll distribute millions per month and didnвЂ™t specify exactly how much. GIF: SnapДЇinally, Snap also added that it would no longer be distributing $1 million per day to its top Spotlight creators. The app should be your first choice for editing on. Now they can do so through their desktop computer. Any list of free iOS video editing apps wouldnt be complete without Apples iMovie. Snapchat is making it easier for people to upload Spotlight content. Spotlight content can now be uploaded, and watched, through the web at /spotlight. For one, itвЂ™s making it easier for video editors to upload content they made in more advanced desktop apps, like Final Cut Pro.

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The app will roll out later this year, and the company didnвЂ™t share any other details about a possible Android version.ДЄdditionally today, Snap provided updates on Spotlight. Notably, content made in Story Studio wonвЂ™t include a watermark, meaning if itвЂ™s published on other platforms, like InstagramвЂ™s Reels, it wonвЂ™t be demoted by the algorithm.

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They can then share directly to Snapchat through a built-in button, or download their work to publish in other apps.

Of course, like most other video editing apps, users can trim their videos and edit frame by frame. In Splice, users can add soundtracks to their videos, choosing from the audio available in the application, or add their tracks from the iTunes library. It allows you to work with files from iPhone and data from other services, including Facebook and Dropbox. Lenses will be built directly into Story Studio, as well as Snapchat Sounds and stickers, so editors can add those. Verdict: Splice is one of the best video editors for iPhone. They can look through Snapchat insights, like whatвЂ™s trending on the app across sounds, hashtags, and lenses. The app will pull data from Snapchat and its new Spotlight feature, more familiarly recognized as its TikTok competitor, to help people figure out how and what to make. ItвЂ™ll give people editing tools specifically designed for mobile, or vertical, videos. Slice is slicker than iMovie, has better transitions and tons of music and sound effects. Slice is one of the best all-around video editing app for iPhones if youвЂ™re looking for an easy video editor. Splice - Video Editor & Maker for iPhone.

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Snap wants to be the company people think of when they go to edit videos on mobile, so during its annual partnership summit today, the company announced a new iOS app thatвЂ™ll help it achieve that goal: Story Studio. Splice (iPhone - Free Trial then 2.99/week) Available only on iOS.