Meta (META) is to test premium subscriptions on Instagram, Facebook and WhatsApp, according to TechCrunch
Newsquawk Staff ·
Meta (META) is to test premium subscriptions on Instagram, Facebook and WhatsApp, according to TechCrunch.
What it means
Meta's move to test premium subscriptions across its major platforms signals a strategic shift to diversify revenue streams beyond advertising. This could indicate a more stable earnings outlook, especially if successful in monetizing its vast user base, potentially influencing investor sentiment across the media sector and tech stocks more broadly.
Sources
- Ambani’s Jio Platforms held talks to license technology to Comcast (CMCSA) and Charter (CHTR) in exchange for shares, according to sources
- Meta (META) launches USD 15bln 5-parter: 5yr, 7yr, 10yr, 20yr, 30yr
- Meta (META) reportedly seeking to raise up to USD 25bln in its debt offering (vs reports yesterday suggesting USD 20bln)
- Meta (META) is looking to raise USD 15bln in USD-denominated bonds, Bloomberg reports
- Meta (META) kicks off a five-part USD bond offering
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