Twitter Co-founder Biz Stone started using Facebook as he mentions on a Medium post, and after having used Facebook for a while he had a thought…
“They could offer Facebook Premium. For $10 a month, people who really love Facebook (and can afford it), could see no ads. Maybe some other special features too. If 10% percent of Facebook signed up, that’s $1B a month in revenue. Not too shabby”
Facebook recorded $7.87bn in revenue for 2013 (not a bad money maker), however this would be a far cry from the possible $12 billion they could make a year due to Stone’s subscriptions plan, which is similar to that of Spotify and Pandora who remove ads as a premium service. This would then be on top of what they would make from the ads running as per normal.
What is also interesting to note, does Stone think Twitter should have a premium ad free system to remove the promoted trends and tweets?
Should users have to pay for an ad free social media experience? After all Facebook is the one who filled our screen with the ads in the first place.
So the question is would you ever pay to have an ad free Facebook experience?
“They could offer Facebook Premium. For $10 a month, people who really love Facebook (and can afford it), could see no ads. Maybe some other special features too. If 10% percent of Facebook signed up, that’s $1B a month in revenue. Not too shabby”
Facebook recorded $7.87bn in revenue for 2013 (not a bad money maker), however this would be a far cry from the possible $12 billion they could make a year due to Stone’s subscriptions plan, which is similar to that of Spotify and Pandora who remove ads as a premium service. This would then be on top of what they would make from the ads running as per normal.
What is also interesting to note, does Stone think Twitter should have a premium ad free system to remove the promoted trends and tweets?
Should users have to pay for an ad free social media experience? After all Facebook is the one who filled our screen with the ads in the first place.
So the question is would you ever pay to have an ad free Facebook experience?
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