social media updates


Facebook introduced a ‘fan subscription feature’ which allows creators to share ‘exclusive’ contents with their fans with a membership fee. This allows creators to generate money straight from their follower/fans. Few years ago, Facebook have launched a group subscription feature which allows group admins to charge $4.99 to $29.99 per month for membership access. Unlike the earlier subscription feature which gained seemed to get some positive traction, Facebook’s fan subscription is meeting resistance from online creators. The feature is currently at its beta stage with creators taking 100% of the revenue, however, this will change once the feature is rolled out with the company taking out 30% from its subscription revenue. In addition, Facebook will hold the rights for all the contents created within the platform as stated in under the Supplemental clause within its terms and conditions. This was based from an information leaked to Tech Crunch. Following Facebook’s…