Facebook and Instagram
To Postpone , Taking a Cut of
Creators’ Revenues
Until 2024.
On June 21, Mark Zuckerberg announced monetization updates for both platforms in a Facebook post.
On June 21, Mark Zuckerberg announced monetization updates for both platforms in a Facebook post.
Previously, Meta said it wouldn't share in creator revenue until 2023, but that has now been pushed back to 2024.
Additionally, Facebook has added a new feature that allows creators to give fans subscriber-only access.
The Verge reports that more creators will also be eligible for cash bonuses for making Reels.
Instagram videos cross-posted to Facebook will be eligible for monetization as well.
Instagram videos cross-posted to Facebook will be eligible for monetization as well.
Stars, Facebook's tipping method, will be available to eligible creators.
Also being tested is an Instagram creator marketplace that allows brands and creators to easily partner up.
The Verge reports that a select group of American users will also "soon" have access to Facebook's NFT rollout