Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Facebook reportedly aims paid subscription for publications

by | May 25, 2021

facebookSan Francisco, (IANS) : Facebook is reportedly planning to let people subscribe to publications through its ‘Instant Articles’ feature and support major publications with metered paywalls and “freemium” models.

According to a report in DigiDay on Monday, these options would seem to accommodate metered publications including the New York Times, the Wall Street Journal and The Economist, which make a certain selection of articles free and put the rest behind a paywall.

“We are in early talks with several news publishers about how we might better support subscription business models on Facebook,” the report quoted Campbell Brown, Head of News Partnerships at Facebook, as saying.

The company plans to test the subscription tools with a small group of publishers at the end of the year and later expand them to others in 2018.

Facebook will also give access to publications to all subscriber data through which they can understand their audience better.

“The idea is to have a diverse mix in the test group, representing US and international and big and small titles,” the report noted.

The company has had one-on-one briefings with multiple media houses including The New York Times, Hearst and The Economist and plans to have group meetings with more media executives this week.

“We’ve been briefed and are continuing to evaluate if we’re going to participate. So far, we don’t see any great upside,” the report quoted an executive from The New York Times as saying.

It is unclear, however, how payments will be handled and if the company will take a cut of subscription sales.

“Payments are complicated because when they go through smartphones’ app stores, the stores take a 30 per cent cut,” the report added.

But it is believed that Facebook may let publishers handle it through the mobile web and let them have more control over pricing and data.

0 Comments

Submit a Comment

Your email address will not be published.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

Recent Posts

India pips US to become 2nd largest 5G mobile market, Apple leads

India pips US to become 2nd largest 5G mobile market, Apple leads

New Delhi: India has overtaken the US to become the world’s second-biggest 5G handset market for the first time, behind China, a report has mentioned. Global 5G handset shipments grew 20 per cent (year-on-year) in the first half of 2024, according to the Counterpoint...

Sale of smartphones worth Rs 1 lakh and above surge in India

Sale of smartphones worth Rs 1 lakh and above surge in India

New Delhi: With disposable incomes rising amid the premiumisation trend, the sales of luxury smartphones have surged in India in recent quarters, industry experts said on Tuesday. The smartphone shipments of Rs 1 lakh and above increased by 20 per cent (year-on-year)...

0 Comments

Submit a Comment

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