- Facebook is giving creators the opportunity to earn money.
- Creators will be able to earn money by making videos with licensed music.
- Facebook will compete with Tik Tok.
New Delhi. The Meta On-Facebook license gives content creators the opportunity to earn money from music videos. The company has taken this step to counter the popular video-sharing app Tik-Tok. Creators on Facebook will earn 20% of revenue generated through in-stream ads on videos longer than 60 seconds.
According to the company’s blog post, creators on Facebook will earn 20% of revenue generated through in-stream ads on videos longer than 60 seconds and using a song from the platform’s licensed music catalog. Meta and song rights holders will get a separate part.
Performance from Monday
The music revenue sharing feature for creators already approved for the platform’s revenue tool started from Monday. The company said that Facebook’s short video product reel will not be eligible for revenue at this time. With half of the time spent on Facebook making videos, music revenue sharing will help creators access popular music and strengthen the relationship between the music industry and its fans, the company said in a blog post. Blog.
trying to get traffic
Please let us know that Meta is providing such resources to attract people who can drive traffic to your platform. This will help the company better compete with Tiktok. This month, the company said it was distributing resources from its Facebook news tab and Bulletin newsletter platform to help them build stronger economic creators.
Also Read: Talking About Work: Gmail Storage Has Filled Up, So Free Up Space With Easy Tips
most popular tik tok
TikTok’s popularity has overtaken Meta. TikTok, owned by ByteDance Limited, was the most downloaded app of 2021 and has overtaken Meta’s Instagram in popularity with young users.
increased access to users
In February, CEO Mark Zuckerberg described Reels Content as the company’s fastest growing platform. The company’s short video product first launched on Instagram in August 2020. Meta introduced a Facebook version of Reels last September and in February expanded its reach to all global users of the platform.
Facebook had announced that it would introduce tabs
Last week, Meta said it would introduce a Facebook tab, which would organize content in chronological order. It’s called Feed, which will restore a more traditional family and friends feed for users. We tell you that Instagram also launched a similar tool in March.
PUBLISHED FOR THE FIRST TIME : July 26, 2022, 13:24 IST