Meta floats charging for ad-free Instagram or Facebook in Europe: WSJ
META Platforms is considering charging European users ad-free subscriptions to Instagram or Facebook, according to a proposal submitted to regulators, the Wall Street Journal reported on Monday.
Meta has told regulators it hopes to roll out its subscription no ads (SNA) plan in the coming months for users in Europe, the report said, adding it will give users the choice between continuing to access Instagram and Facebook free with personalised ads, or paying for versions of the services without any ads.
Under the plan, Meta has told regulators it would charge users roughly 10 euros (S$14.40) a month on a desktop for a Facebook or Instagram account, and roughly 6 euros for each additional linked account, the report said.
On mobile devices, the price would jump to roughly 13 euros a month because Meta would factor in commissions charged by Apple’s and Google’s app stores on in-app payments, WSJ reported. REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Amazon’s AWS commits extra S$12 billion to boost Singapore cloud infrastructure
New Thai finance chief wants monetary, fiscal policies aligned
Swiss-Asia Financial Services fined S$2.5 million for money-laundering rule breaches
Singapore-based Princeton Digital gets green loan for US$1.5 billion Asia AI hub
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Apple is working on its own AI chip for data centres: WSJ