Meta To Delay Taking Commission From Creators On Facebook, Instagram Until 2024
Meta CEO Mark Zuckerberg stated that the organization will "hold off on any revenue sharing on Facebook and Instagram until 2024." In accordance with this decision, Facebook and Instagram will receive a part of the revenue from services including fan subscriptions, premium events, badges, and the company's newsletter service. Instagram and Facebook will broaden the eligibility for their Reels incentive program, enabling artists to monetize their videos on both platforms.