Meta rolls out monetisation tools for creators on Instagram, Facebook

Firm won't take commission from creators till 2024

Mark Zuckerberg. Photo: Bloomberg
Premium

Zuckerberg announced that Meta is testing a designated place on Instagram where creators can get discovered and paid for content. Photo: Bloomberg.

Agencies
Meta chief executive officer (CEO) Mark Zuckerberg announced today that the company is rolling out more ways for creators to make money on Facebook and Instagram, and is also expanding some of its current monetisation tools to more creators. Zuckerberg also said in order to get more money directly to creators, Meta is going going to keep paid online events, fan subscriptions, badges and its upcoming independent news products free for creators until 2024. The company had previously said it was going to do this until 2023.

Zuckerberg announced that Meta is testing a designated place on Instagram where creators can get discovered and paid for content. Meta notes that the creator marketplace allows brands to share new partnership opportunities. Once

First Published: Jun 23 2022 | 12:57 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com