Get new posts by email
Menu

Meta launches new content monetization program for Facebook

Newnaija 6 months ago 0 3
Meta has launched its Content Monetization beta program for Facebook, aimed at enhancing the earning potential of content creators.  This initiative, announced on Wednesday, October 2, brings together three key monetization tools: In-stream ads, Ads on Reels, and the Performance bonus. With this program, creators can monetize a wider variety of content types, including Reels, long-form videos, photos, and text posts. The new program consolidates Facebooks existing monetization offerings, providing creators with a unified approach to generating income from multiple formats. Previously, only about one-third of creators earned from more than one Facebook-funded program due to varying eligibility and availability. Since 2017, more than four million creators have made money on the platform, with Facebook paying out over $2 billion in the past year alone. The company stated, Were proud of how our monetization programs have helped creators thrive on Facebook, but we know that the different availability, eligibility requirements, and sign-up processes of our various programs have resulted in some creators missing opportunities and others not being eligible to earn from all available formats. And the data backs this up today only about one-third of monetizing creators on Facebook earn from more than one Facebook-funded program. Earnings from Reels and short-form videos have surged, with payouts increasing by over 80% in the last year. The Content Monetization beta simplifies the monetization process by allowing creators to earn from different content formats through a single program, providing unified performance insights for easier tracking, and maintaining a performance-based payout structure. Facebook has already begun sending invitations to one million creators who are currently monetizing on the platform, with open enrollment expected in 2025. Creators interested in early access can sign up through the monetization tab in the Professional dashboard or Meta Business Suite. This strategic consolidation is designed to empower Facebooks creator community, making it easier and more rewarding for them to monetize their content. The post Meta launches new content monetization program for Facebook appeared first on Linda Ikeji Blog.
Written By

Welcome to NewNaija, your ultimate source for the latest news, entertainment, and lifestyle trends in Nigeria and beyond. Our mission is to provide up-to-date and relevant content that keeps you informed and connected to the pulse of Nigeria. From breaking news and political updates to music, fashion, and tech, NewNaija covers it all with accuracy and speed.

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)

Copy link