Facebook to Invests Over 1 Billion for Content Creators

Facebook is expanding its investment for content creators as it plans to put over £ 1 billion over the next year for Facebook content creators. Facebook mentions that this amount is given to creators who use different business products in different ways.

This type of reward is earned for showing ads in creator videos and for achieving certain goals on the live stream. This applies to both Facebook and Instagram as well as IGTV and Reels.

Facebook is currently only providing this type of money on an invite-only basis, but the new way to generate income is about to be released, said Mark Zuckerberg, founder of the company.

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Credit: Mark Zuckerberg Facebook

From the end of this year, the company also wants to offer other makers income opportunities, the amount should be available by the end of 2022. Recently, applications such as TikTok and Snapchat announced that they would make money available to the makers.

Do Read: TikTok Rolls Out Feature to Apply for Job from the App

Facebook advertising isn’t that straightforward. Instead of focusing on a single product, the company will offer this type of bonus as a bonus based on a variety of activities and goals.

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