In July this yr, Mark Zuckerberg, CEO of Meta (previously referred to as Facebook) revealed that the corporate plans to pay out $1 billion to creators by the top of 2022. Although not a lot was disclosed on the time, we now have some particulars on how the corporate plans to spend this cash, because of a brand new report revealed by Information,
The quoted supply stated that Meta-owned Facebook can pay creators as much as $50,000 to make use of the platform’s Live Audio Rooms function. Audio Room is meta’s reply to the reside audio app Clubhouse, which devastated the world after its launch.
Additionally, Meta’s photo-sharing app Instagram additionally pays creators as much as $35,000 to submit reels on the platform. Per the report, “Facebook is now providing musicians and different creators on its five-month-old Live Audio product $10,000 to $50,000 per session, plus a charge for friends of $10,000 or extra. ,
In alternate for the cash, Facebook reportedly desires creators on the platform to host 4 to 6 periods over a interval of at the very least half-hour. To recall, Facebook had launched its personal audio service; Live audio room in addition to a podcast in June.
The firm stated that “select podcasts will be available to listeners in the US.” Admins internet hosting the reside audio room may have the choice to pick out a nonprofit or fundraiser to help throughout their speak, and Facebook says that “listeners and speakers can donate directly.”
Facebook permits hosts so as to add as much as 50 audio system to a Live Audio session. There isn’t any restrict to the variety of listeners, so anybody can be part of any reside audio room on Facebook.
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With inputs from TheIndianEXPRESS