NEW YORK, Oct 4 — Meta Platforms is looking to introduce ad-free subscription plans for Instagram and Facebook users in Europe, two people familiar with the matter said...
TMJ shares terrifying moments of Bangkok's Siam Paragon Mall shooting, says he and family were close to the sceneOffering a choice between a free, ad-supported plan and a paid subscription might lead to users opting for the former, helping Meta comply with regulations without affecting its ad business. — Reuters file picWednesday, 04 Oct 2023 11:11 AM MYT
The proposal is an attempt by Meta to comply with European Union regulations that threaten to curb its ability to personalise ads for users without their consent and hurt its major revenue source. In comparison, Netflix charges €7.99 for a basic subscription plan, while Alphabet’s YouTube Premium costs about €12 and Spotify’s Premium service is priced at about €11.
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