Facebook and Instagram won’t take a cut from creators’ revenues until 2024 - The Verge

Mark Zuckerberg says Instagram and Facebook will not collect a fee from creators until 2024. It’s a one-year extension of the company’s previous promise to not take a cut from users when they make money via online events, subscriptions, badges, and more.

Creators on Facebook and Instagram won’t have to share a cut of their revenue with the platforms until 2024. Meta previously said it would hold off on revenue sharing until 2023.

https://www.theverge.com/2022/6/21/23176749/meta-instagram-facebook-creators-revenue-policy-reels

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