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Facebook Content Monetization Program is launched by Meta

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Meta has introduced a new monetization program designed to streamline and enhance income prospects for content providers on its platform.

The Facebook Content Monetization beta, unveiled on October 2, 2024, consolidates three pre-existing monetization schemes into a unified, efficient framework.

Meta, the parent company of Facebook, has announced that the new program integrates In-stream advertisements, advertisements on Reels, and the Performance Bonus into a singular revenue structure. This unification seeks to facilitate money generation for producers across many content formats, including Reels, extended films, photographs, and textual posts.

The news is part of Facebook’s continuous initiatives to assist content creators on its platform. Meta indicates that since the launch of Facebook-funded monetization in 2017, over four million content producers have generated revenue using the platform.

Substantial Increase in Creator Compensation

Meta revealed that over the past year, Facebook has compensated content providers in excess of $2 billion for videos, reels, photographs, and text posts. Payouts for reels and short videos have significantly increased, rising by almost 80% during this timeframe.

Streamlining the Monetization Procedure

The newly introduced Facebook Content Monetization tool tackles a significant difficulty encountered by authors. Historically, diverse monetization programs had discrepancies in availability, qualifying criteria, and enrollment procedures. This intricacy led to certain creators missing possibilities or being ineligible to profit from all available forms.

Meta’s data indicates that around one-third of monetized authors on Facebook benefit from multiple Facebook-funded programs. The newly unified program seeks to augment this figure by streamlining the process and broadening income prospects.

Mechanism of the New Program

Within the Facebook Content Monetization test, creators will require participation in a single program to monetize various content forms. The application will deliver a cohesive array of analytics for monitoring performance across various content categories.

Meta asserts that the compensation structure for the new program is consistent with the current performance-based frameworks employed in Ads on Reels, In-Stream Ads, and the Performance Bonus. Compensation will remain linked to the performance of qualifying content.

Eligibility and Implementation

The preliminary stage of the beta program is restricted to invited participants only. Meta has been dispatching invitations to one million creators currently generating revenue on Facebook. The corporation intends to persist in dispatching invites in the upcoming months.

Although open registration for the program is anticipated in 2025, Meta is providing creators the chance to indicate their interest in obtaining an early access invitation to the beta. Creators seeking further information and wishing to express their interest may do so using the Facebook for Creators platform.

Effect on Current Programs

Meta has announced that the Facebook Content Monetization initiative will ultimately supplant the existing Ads on Reels, In-Stream Ads, and Performance Bonus programs. The changeover is anticipated to take place in 2025. Participation in the new initiative is voluntary for invited creators during the beta period.

Eligibility for Content

The new program enables the monetization of eligible public films, reels, photographs, and text posts. Creators and their content must follow to Meta’s regulations, including Facebook’s Partner Monetization regulations and Content Monetization Policies, to qualify for monetization.

Enhancing Opportunities for Creators

The launch of Facebook Content Monetization marks a substantial advancement in Meta’s initiatives to assist content creators on its platform. Facebook seeks to attract and maintain a varied array of producers by streamlining the monetization process and broadening revenue opportunities across various content forms.

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CAA “gets ready” to abolish the travel prohibition to the UK.

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The UK Department for Transport (DfT) is scheduled to travel to Pakistan in mid-January to evaluate the situation, according to sources.

In February, PIA is anticipated to begin direct flight operations to the UK as part of the endeavor. For a safety audit, a team from the UK Civil Aviation Authority (CAA) will be traveling to Karachi from January 15 to 17.

In order to obtain an exemption from the security audit, the CAA has gotten in touch with the UK aviation authorities.

In addition to expressing trust in the manual report that the Pakistani authorities gave, the DfT has indicated that it is willing to approve the exception.

Following earlier audits, the British aviation team will formally do a safety audit of the CAA and PIA. Nadir Shafi, the CAA’s Director-General, is personally in charge of the teams working on the process of starting flights to the UK again.

In the first phase, PIA intends to run direct flights to Manchester, and the CAA is also anticipated to inform the DfT delegation. In the second phase, flights to London and other places will be introduced. PIA will fly to the UK and Europe using its Boeing 777 aircraft.

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The ATC suspends the non-bailable arrest warrant for Gandapur.

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The non-bailable arrest warrant for Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur was suspended by an anti-terrorism court (ATC) on Thursday.

On an application submitted by Faisal Malik, the attorney for Gandapur, the warrants were suspended. Gandapur’s arrest warrant was issued by the court in a case that the Hassan Abdal police had filed in relation to the protest on November 26.

In every case, the Peshawar High Court has granted bail to his client, according to advocate Faisal. When he brought the high court’s order to the ATC, the warrant was suspended by the court.

Additionally, the ATC halted the process of designating Gandapur as a declared offender.

He had not appeared before the ATC, therefore on December 27, the ATC started the process of declaring him a proclaimed offender. By January 21, the police were to ensure compliance and submit a report, as instructed by the court.

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Amid expectations of economic stability, the PSX soars to its highest level ever, reaching 118k.

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The KSE-100 index soared to yet another record high during intraday trading on Thursday, demonstrating that bulls were still in control of the Pakistan Stock Exchange (PSX).

The benchmark 100 index increased by 1,359.73 points from its previous closing of 117,008.08 to hit an intraday high of 118,367.81 points.

Given the federal government’s ambitious ambition to overhaul the national economy, traders’ large buying binge coincides with predictions of economic stability in the nation.

The five-year national economic plan “Uraan Pakistan,” which aims to achieve sustainable development and economic stability, was inaugurated by Prime Minister Shehbaz Sharif on December 31.

Speaking to the audience, the prime minister emphasized that the program would offer a path forward for economic development, emphasizing work creation, infrastructure, energy, the digital economy, and the environment.

Meanwhile, investors’ confidence has also increased due to the falling rate of inflation. This is the lowest level of 4.1 percent in 81 months as a result of government actions.

The consumer price index was measured at 4.1 percent last month, down from 49 percent in June of last year, according to the Pakistan Bureau of Statistics. Comparing this to the 29.7 percent inflation rate in December 2023, there has been a notable decrease.

Compared to 2.3 percent in June 2024 and 27.3 percent in December 2023, the wholesale price index was just 1.9 percent last month.

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