Facebook CEO Mark Zuckerberg announces company will wait until 2023, before taking part of creators’ income / Digital Information World
Facebook provides its platform to millions of creators where they can post and share their content with other users. There is no doubt that this platform has more than 3 billion users so this platform can give a large audience to content creators. Additionally, Facebook announced at the 56th Security Conference in Munich that the company wants to help more creators on the platform pursue their careers and earn a good living. Therefore, the social media company decided not to take part of the creators’ income for the next two years and keep the subscriptions, badges and other events online for free. This will give the opportunity to the creators to earn a good sum thanks to this massive platform.
In an article, the CEO of the company further stated that after two years, when the company announces its share, it will be less than 30% of creators’ revenue on the platform, however, Apple Company and others get about 30% or more percentage of products sold through apps and this number of app downloads from the App Store. The CEO said the company is issuing a new payline to help content creators understand that fees from different companies can become a barrier to revenue generation. The representative of the company said that different content creators can anticipate the income they can earn after paying the fees, certain taxes, and in-app purchase fees that creators have to pay on iOS or Android apps. The interface will simply be web-based in the initial phase and for paid digital events to begin. This can give Facebook an edge by becoming a more attractive option for users than other competitors of this platform.
The company seeks to promote the work of creators; hence, he wants the content creators to make more money through his network. The latest payline may be a response to the latest Apple iOS 14.5 update in which advertisers need to get permission from users to track their data, and Apple will also display a control panel where it will post details. complete information. that the third-party app has collected from a user’s device. Facebook and Apple have had concerns about each other for some time, especially after the last iOS update. So the social media company wants to give Apple Company a hard time by targeting the percentage share of Apple’s revenue.
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