Facebook is rolling out a feature that could challenge Patreon as a fan monetization tool. Some Facebook video creators are being given the option of charging fans $5 to view their content on the platform.____________________________
In an effort to keep its video creators happy and adding new content, Facebook has been testing paid fan subscriptions. The fan patronage subscription model is a direct challenger to Patreon and Kickstarter’s Drip.Subscriptions currently cost $4.99 a month. Facebook apparently is not taking a fee, at least during the test period, according to recode. But Apple and Google are processing transactions and the standard 30% that they charge for in-app purchases means creators will net about $3.50 per subscription.
