Categories: Tech

Meta, no commission on Instagram and Facebook creators until 2024

Meta confirmed that he will not demand one commission on the revenues of creator on Instagram and Facebook until at least 2024. The decision made in the early days of the lockdowns two years ago, to help small businesses and creators by not asking for a share of the profits, will continue for two more years.

Meta, no commission on the revenues of the creators of Instagram and Facebook until 2024

The confirmation comes with a post on Facebook by Mark Zuckerberg, CEO of Meta. Which explains how the company “will delay any revenue sharing on Facebook and Instagram until 2024”. So creatives on the platform will be able to keep 100% of what they earn on social media with paid online events, fan subscriptions, badges and all other monetization methods.

This strategy is part of the social competition perspective for the best creators, who bring users and views on their respective platforms. TikTok has recently introduced the possibility of monetization through exclusive live subscriptions, while Twitter is investing in ways that allow creatives to earn revenue from their work.

Facebook (even before changing its name to Meta) had promoted this stop to the commission during the first months of the pandemic. And he had asked Google and Apple also block the 30% commission on in-app purchases, in case monetization comes via mobile. Google accepted, while Apple refused, suffering criticism from Facebook.

In addition to this announcement, Meta announced that subscriptions will become interoperable, so subscribers on other platforms will be able to have exclusive access to groups Facebook. It will also make the program available Stars to multiple creators. And soon news like Reels Play Bonus, marketplace functionality and NFT.

With these innovations, Meta hopes to attract the best creators on the market. Which are often the reason why we log into social networks.

Published by
Walker Ronnie

Recent Posts

The Apple XR headset will ‘probably’ arrive in January 2023

The viewer for the Apple's mixed reality (XR)capable of passing from AR to VR, will…

3 hours ago

The average age of TikTok creators is growing, here are the data

REcording video on smartphone of two teenage girls dancing for posting in internet. Modern communication,…

3 hours ago

Razer presents the new keyboard on the Ornata V3 membrane

Razer has announced the launch of the new Ornate V3 keyboard. This is the nuova…

4 hours ago

OPPO is the protagonist of CVPR 2022 with seven AI-based projects

--FILE--View of a logo of OPPO at a store in Shanghai, China, 6 October 2018.…

5 hours ago

The best PlayStation Plus Premium games | June 2022

Sony's answer to Microsoft's Game Pass has just become available, with a wide range of…

5 hours ago

Spotify also gives in to the “Community”

News coming soon for Spotify: “Community“, The option that will allow mobile users to see…

5 hours ago