Facebook plans to allow users to charge for livestreams, which will provide a way for musicians and other creators to monetize their performances and events on the platform, the company announced Friday in a statement about new services it is offering.
The company did not specify when that option will become available or provide further details, including whether there is a limit on how much a performer can charge or whether Facebook will charge a fee or percentage; a rep did not immediately respond to Variety’s request for further information.
The company also announced that it will be expanding its “Stars” tipping system to musicians — in it, a performer can receive “tips” when users send them a “Star,” although with a $.01 tip per star, a bag of groceries will require a galaxy of “Stars.”
.@Facebook to Introduce Paid Livestreams for Musicians and Other Creators https://t.co/JUJqYfO50O
— Variety (@Variety) April 28, 2020