Less than two hours before Apple\u2019s big Worldwide Developers Conference, Facebook CEO Mark Zuckerberg announced that the company would be launching a new interface for creators that shows how different fees affect their earnings on the platform. The announcement comes as Apple is under intense scrutiny for its App Store fees.<\/p>\n
Here\u2019s a preview of what the new interface will look like. This example breaks down exactly how taxes and fees are taken away from a creator\u2019s event revenue:<\/p>\n
Zuckerberg wasn\u2019t clear as to when the new interface would be launching beyond saying that there\u2019d be \u201cmore to come soon.\u201d<\/p>\n
Zuckerberg also says the company will keep paid online events, fan subscriptions, badges, and \u201cour upcoming independent news products\u201d free for creators until 2023. This is an extension of a policy announced in August. When Facebook introduced the events feature last year, it had promised that it wouldn\u2019t collect fees until \u201cat least\u201d 2021.<\/p>\n
The company eventually plans to introduce a revenue share, Zuckerberg says \u2014 but when it does, it will be \u201cless than the 30% that Apple and others take.\u201d<\/p>\n
Facebook and Apple are also embroiled in a public spat over Apple\u2019s App Tracking Transparency feature introduced with iOS 14.5. Facebook has come out strongly against the change, taking out full-page newspaper ads criticizing the changes ahead of their eventual release, and more recently, it asked users for permission to track them to help keep Facebook and Instagram \u201cfree of charge.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
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