FACEBOOK VS. APPLE (AGAIN)
Facebook won’t take a cut of revenue from creators using paid features on its platform until 2023, Facebook CEO Mark Zuckerberg said Monday while knocking Apple over its commission fees.
Facebook will keep paid online events, fan subscriptions badges and “upcoming independent news products” free for creators for the next couple of years, he said in a post.
“And when we do introduce a revenue share, it will be less than the 30% that Apple and others take,” he added.
Facebook will also launch a new payout interface that will allow creators to see how different companies’ fees and taxes are “impacting their earnings,” Zuckerberg said.