Facebook To Allow Artists Charge Fans To Access Their Live Streams During This Pandemic

April 30, 2020
52 Views

facebook

Facebook To Allow Artists Charge Fans To Access Their Live Streams During This Pandemic

Due to the global pandemic, many artistes’ shows have either been postponed to new dates or indefinitely. But fortunately, their inability to tour is gaining a new way for them to make money during the COVID-19 pandemic.

Facebook has announced it’s adding an option that will let creators charge viewers to watch live streams on the platform.

“To support creators and small businesses, we plan to add the ability for Pages to charge for access to events with Live videos on Facebook , anything from online performances to classes to professional conferences
,” Facebook said via its Newsroom.

With this new option, artistes could stage virtual concerts with ticket prices. It may also present a way for the “Verzuz battles”, which have become extremely popular on Instagram Live, to become a money-making enterprise for the participants.

With these battles having viewership numbers upwards of 500,000 people, and artists like Tory Lanez bringing in more than 300,000 people to his “Quarantine Radio” livestreams, there is a real potential to earn a substantial revenue. Even if artists are able to convert a small percentage of those viewers to pay for their Facebook livestreams, it could result in a solid profit.

The upcoming feature is one of the multiple changes the social media platform is making in light of the global pandemic. Facebook is bringing back Live With, which allows users to livestream with another person. The company is making it possible to add a donate button to live videos too, aiding users in raising money for nonprofit organizations.

However, Facebook hasn’t announced when exactly users will be able to start charging for livestreams. It also hasn’t revealed how much of a revenue share it will be receiving once the feature is introduced.

You may be interested

Governor Ayade’s Aide Threatens To Commit Suicide Over Non-Payment Of Salary [Video]
News
News

Governor Ayade’s Aide Threatens To Commit Suicide Over Non-Payment Of Salary [Video]

Webby - February 24, 2021

Freeman Godwin, an appointee of Governor Ben Ayade of Cross River State, has threatened to kill himself over unpaid salaries…

Niger Delta Militants Threatens To Destroy Infrastructures In Abuja And Lagos [Video]
News
1 views
News
1 views

Niger Delta Militants Threatens To Destroy Infrastructures In Abuja And Lagos [Video]

Webby - February 24, 2021

Niger Delta Militants under the aegis of Supreme Egbesu Liberation Fighters have threatened to destroy infrastructure in Lagos and Abuja.…

Boko Haram Kills 10 People, Injures 21 Others During Fresh Attacks In Maiduguri
News
News

Boko Haram Kills 10 People, Injures 21 Others During Fresh Attacks In Maiduguri

Webby - February 24, 2021

Boko Haram terrorists have killed 10 people and injured 21 others with mortar shells during fresh attacks in Maiduguri, Borno…

Leave a Comment

Your email address will not be published.