thetechfreak
Legend Never Ends
Source : *www.wsj.com/tech/meta-floats-charging-14-a-month-for-ad-free-instagram-or-facebook-5dbaf4d5
nonpaywall : *www.businessinsider.in/tech/news/m...ebook-and-instagram/articleshow/104135907.cms
Full article in source
nonpaywall : *www.businessinsider.in/tech/news/m...ebook-and-instagram/articleshow/104135907.cms
Would people pay nearly $14 a month to use Instagram on their phones without ads? How about nearly $17 a month for Instagram plus Facebook—but on desktop?
That is what
Meta Platforms META -1.92%decrease; red down pointing triangle
wants to charge Europeans for monthly subscriptions if they don’t agree to let the company use their digital activity to target ads, according to a proposal the social-media giant has made in recent weeks to regulators.
The proposal is a gambit by Meta to navigate European Union rules that threaten to restrict its ability to show users personalized ads without first seeking user consent—jeopardizing its main source of revenue.
Meta officials detailed the plan in meetings in September with its privacy regulators in Ireland and digital-competition regulators in Brussels. The plan has been shared with other EU privacy regulators for their input, too.
Meta has told regulators it hopes to roll out the plan—which it calls SNA, or subscription no ads—in coming months for European users. It would give users the choice between continuing to access Instagram and Facebook free with personalized ads, or paying for versions of the services without any ads, people familiar with the proposal said.
Under the plan, Meta has told regulators it would charge users roughly €10 a month, equivalent to about $10.50, on desktop on a Facebook or Instagram account, and roughly €6 for each additional linked account, the people said. On mobile devices the price would jump to roughly €13 a month because Meta would factor in commissions charged by
Planning to launch a subscription option for core Meta services is a major turnaround for the company. Meta Chief Executive Mark Zuckerberg has long insisted that his core services should remain free and supported by advertising so that they can be available to people of all income levels.
Full article in source