Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%
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Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%
#2Damn, if Facebook actually had a face, it would be quite punchable I must say...
Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%
#3How is this a "Patreon killer" at all? In addition to the extra 25% cut, they will also apparently demand IP rights that would continue even after you stop using their service.
Are they thinking that people will sign up for this because it gives them instant access to lots of people on FB, and that justifies the higher percentage? I'm guessing that creators will end up having to pay to get exposure, just like brands, which nullifies this potential benefit.
Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%
#4This seems like the sort of thing that could only move forward at a company like Facebook. If this were proposed as an independent business, it would be laughed out of the room.
Of course Facebook has enough loyal users that they might actually be able to make this work..
Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%
#5To actually see content creators sign up for this would be a sign of the times.
Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%
#6To actually see content creators sign up for this would be a sign of the times.
Indeed. It's sadly not that hard to imagine them doing it.
Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%
#7Sometimes, I feel like the Facebook hate train is just too much and then stuff like this comes along.
Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%
#8So Facebook are essentially like an email spam operator here. They have billions of targets (customers), so only have to find a small number of suckers (customer sub-set) to make it profitable.
No doubt you'll need to sign up to Facebook to even view the content, so I'm out then.
Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%
#9This seems like the sort of thing that could only move forward at a company like Facebook. If this were proposed as an independent business, it would be laughed out of the room. Of course Facebook has enough loyal users that they might actually be able to make this work..
It's interesting what happens when there's such a massive user base when Pateron's entire user base (~5M pledges) is less than a fraction of a percentage of FB's users. Albeit the rate of conversion is taken out of account, but we're still talking about differences in orders of magnitude.
Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%
#10Damn, if Facebook actually had a face, it would be quite punchable I must say...
Best description I've ever heard of the company.