Income Will Be Generated by Sharing Videos with Music on Facebook

Facebook has introduced a feature that generates revenue using licensed music in videos. The company claims that this feature, which generates revenue by sharing videos over 60 seconds, is the first of its kind in the music industry, and no other platform offers creators a revenue model of this scale.

There is almost a war between social media platforms and this war continues to intensify day by day. In the past months, Facebook has transferred its platform to TikTok with a directive it sent to its employees. It turned out that he had given the order of analogy. of TikTok One of its senior executives explained that such a thing is not possible because even the lanes of Facebook and TikTok are not the same.

Facebook, which has made various changes on its platform, has Groups created a new design for to Discord It attracted a lot of attention for its resemblance. from the games to reels The company, which continues to bring innovations to its platform untilof content creators He shared an update that will put a smile on his face.

Facebook launches Music Revenue Sharing feature

Meta in a statement today that the creators at Facebook are now using licensed music thanks to their videos that they can make money announced. Music Revenue Sharing Thanks to this feature called (Music Revenue Sharing), both content creators and music rights holders will be able to earn money.

According to the statement, if a creator uses licensed music that is 60 seconds or longer in a video he shared on Facebook, he will start earning money from certain videos thanks to in-stream advertising revenues. The company did not elaborate on the details, but the creators did not reveal any of the videos. 20% revenue share announced that he would

Creators have to meet certain standards to generate revenue.

Facebook video revenue

Meta said in a statement that this feature will be available both in the music industry and on social media platforms. one of a kind and that no other platform offers creators a revenue model of this scale. For creators who want to monetize Music Revenue Sharing, Facebook has to in-stream advertising terms and monetization eligibility standards they have to meet. At the same time, the song used in the video is also on Facebook. In the Licensed Music library have to take place.

Eligible songs include popular hits from artists such as Post Malone, Tove Lo, Grupo La Cumbia, Leah Kate, and Bicep. Meta also stated that the videos shared must be at least 60 seconds long and have an image in the video. When the creators share the video, Creator Studio and Inbox support They will receive a notification in their section informing them if the video is eligible for Music Revenue Sharing. At the same time, a notification will be received when revenue is generated from the video and it will be possible to see how much revenue is obtained.

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Initially available in the United States, this feature in the coming months in other countries of the world and in our country expected to be made available. Meta also announced that it will continue to work with music partners to expand the Licensed Music library to include more licensed songs.

Source :
https://techcrunch.com/2022/07/25/creators-on-facebook-cearn-money-through-videos-that-use-licensed-music/


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