Facebook To Allow Users To Monetize Livestreams
Facebook has introduced a new plan to let users charge for their livestreams, which will provide musicians and creators with the ability to monetize their performances and events.
Facebook and Instagram Live have become a go-to spot for musicians for their livestreams since the coronavirus pandemic canceled all artist tours, but monetizing those streams has not been possible previously, except for donations to certain non-profits.
The company also announced it will be expanding its “Stars” tipping system to musicians in which a performer can receive “tips” when users send them a “Star.”
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