Facebook to extend its 0% revenue share cut for streamers until 2023: Mark Zuckerberg

Through a Facebook post on Monday, Facebook CEO Mark Zuckerberg stated that the company will continue its 0% revenue share cut for streamers and other service users until 2023. This essentially means that Facebook will not take any portion of the revenue of anyone streaming games on Facebook till 2023. However, other services like Apple and Google could still be able to take portions for viewers using the Facebook app.

In the post, Mark Zuckerberg stated, “To help more creators make a living on our platforms, we’re going to keep paid online events, fan subscriptions, badges, and our upcoming independent news products free for creators until 2023. Also when we do introduce a revenue share, it will be less than the 30% compared to Apple and others cost.” 

He posted this and specifically mentioned Apple, just moments before Apple CEO Tim Cook took the stage at his company’s high-stakes developers’ conference. It stems from a long-running conflict between Facebook and Apple, which culminated earlier this year with Apple proposing a privacy update that threatens to hamper Facebook’s advertising business.

In a comment on the same post, he also mentioned that they are launching a new pay-out interface for creators to see how “different companies’ fees and taxes are impacting their earnings.” He concluded the post by saying, “More to come soon…”

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