Facebook and Instagram: subscription models for Zuckerberg’s social media platforms life & knowledge

by time news

2023-09-01 22:21:03

Is Mark Zuckerberg (39) now launching a subscription model for his social media platforms?

According to a media report, the meta group is considering introducing paid subscription versions of Facebook and Instagram without advertising in Europe. In addition, you will continue to be able to use the services free of charge with advertisements, wrote the “ New York Times“ on Friday, citing informed people. Meta declined to comment on the report.

How much a subscription could cost is still unclear, the newspaper wrote. In the past quarter, Facebook alone generated revenue of $17.88 per user in Europe, almost entirely from advertising.

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With the paid subscription, Meta would react to the changed data protection situation in Europe. According to court judgments and decisions by regulators, among other things, it is strictly enforced that data from different services, even under the umbrella of a group, may only be combined with the express consent of the user.

Meta believes that an ad-free version could alleviate regulators’ concerns, wrote the New York Times. The group had always rejected paid subscriptions on the grounds that its services should be available to everyone.

(dpa/cbu)

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