Facebook made an official announcement on Monday about the introduction of an ad-free subscription starting in November.
Priced at 9.99 euros per month, the subscription will be available to users in the European Union, the European Economic Area, and Switzerland. This move aims to address EU regulations that have impacted Meta's data collection practices, which have been a major source of revenue.
First time Meta is deviating from model of a free platform
Interestingly, this marks the first time that Meta is deviating from its traditional model of a free platform supported by advertisements. In a statement, the company emphasized their belief in an internet financed by ads, enabling people from all economic backgrounds to access personalized products and services.... Read More: JPost