Meta announced that there is a new way to get monetization on Facebook, and it is through the videos that content creators post. Its recent update to it is the "Music Revenue Sharing," and it allows the public to earn money for their 60 seconds or longer videos, provided that they use songs from the social media's licensed library from various artists.
It includes top hit songs from renowned artists like Post Malone, Tove Lo, and other artists in the library.
Meta: Facebook Music Revenue Sharing for Monetization
(Photo : Unsplash/Joshua Hoehne)
Meta's blog post announced its latest venture for all. The Facebook Music Revenue Sharing will provide content creators with a licensed music library to use for videos. The company said it is giving its creators and influencers more chances to access music and rank up for monetization in the online clips.
The Music Revenue Sharing goes both ways for the content creators and the music artists that own it. Facebook videos longer than 60 seconds immediately rank up for monetization, with the videos containing in-stream ads that would make them earn money from the public's views.
Both the content creator and the music artist or rights holder will earn in this new process from Facebook.
Earn Money and Use Licensed Songs for Better Videos
Facebook said that its Licensed Music Library is available in the Meta Business Suite, where users may scroll and choose from the available ones online. It features top hits and other music finds from various artists, including Post Malone, Tove Lo, Leah Kate, Grupo La Cumbia, and more.
The video should have a visual component throughout, and clips that only feature the music may not get revenue from Facebook.
Facebook and its Offers for Creators
Meta is, first and foremost, a company that offers a social networking experience for all, and it gives the public a massive platform where they can share and express themselves and also make it a living. People who use it for their business or career get monetization from their Facebook or Instagram posts, with the company pausing its monetization cuts until 2024.
Another new feature for Facebook is its Groups Channel feature that will bring different threads and specific conversations clustered on other topics. Here, content creators and group administrations help provide additional platforms for the world to enjoy, focusing on features like what Discord offers for everyone.
Facebook is still a company where monetization is a significant factor for content creators, and there is no denying that its platform is massive where millions of daily active users visit. Now, it helps in giving more features for content creators to source music and have an easier way to credit songs, avoiding any strikes or disputes with regulators.
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Written by Isaiah Richard