Facebook, Instagram To Offer Over $1B To Eligible Creators Through 2022

by Anusuya Lahiri, Benzinga Editor
July 14, 2021 2:21 PM | 29 seconds read |
  • Facebook Inc FB CEO Mark Zuckerberg promised to pay over $1 billion to creators on Facebook and Instagram through 2022.
  • The new $1 billion investment will include new bonus programs for eligible creators on hitting certain milestones, Variety reports. 
  • It will also provide seed funding for creators to produce their content.
  • Bonuses are available by invitation now to some creators on both Facebook and Instagram.
  • Price action: FB shares traded lower by 1.13% at $348.11 on the last check Wednesday.
Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Comments
Posted In: NewsTechMediaBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!