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Meta to test monthly subscription service priced at $11.99

Published Feb 19, 2023 11:16AM ET Updated Feb 20, 2023 02:05PM ET
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(Reuters) -Meta Platforms on Sunday announced that it is testing a monthly subscription service, called Meta Verified, which will let users verify their accounts using a government ID and get a blue badge, as it looks to help content creators grow and build communities.

The subscription bundle for Instagram and Facebook (NASDAQ:META), to be launched later this week, also includes extra protection against impersonation and will be priced starting at $11.99 per month on the web or $14.99 a month on Apple (NASDAQ:AAPL)'s iOS system and Android.

Meta Verified will be rolled out in Australia and New Zealand this week, with gradual launches in other countries to follow.

Meta's foray into subscription services follows Twitter, which announced last month that Twitter Blue will be priced at $11 per month.

The social media giant's CEO Mark Zuckerberg has earlier said it was planning to launch several new products that would "empower creators to be way more productive and creative," while cautioning about the cost associated with supporting the technology for a large user base.

Other social media apps, like Snap Inc (NYSE:SNAP)'s Snapchat and messaging app Telegram launched paid subscription services last year, as a new source of revenue.

Meta to test monthly subscription service priced at $11.99
 

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Comments (25)
Gary Piccone
Gary Piccone Feb 20, 2023 7:22PM ET
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Everyone should cancel social media for one year and see if violence in society slows down
Carrie Bierman
Carrie Bierman Feb 20, 2023 6:19PM ET
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Social media, why not just talk to eachother?
Dave Jones
Dave Jones Feb 20, 2023 2:27PM ET
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Lolz the picture in the story looks like fakebook lying in a coffin...
Mighty Mark
Mighty Mark Feb 20, 2023 2:26PM ET
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i would never pay 11,99$ to use facebook. I'm out
Dave Jones
Dave Jones Feb 20, 2023 2:23PM ET
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Customer service should always be free.
Yaman Bak
Yaman Bak Feb 20, 2023 2:21PM ET
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Jeez why so bearish it is infact bullish 3 billion users this company have some influencers will pay that fee lets say 1% and that’s still bullish
Erikke Evans
Erikke Feb 20, 2023 10:24AM ET
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not on META, never will be, and I certainly wouldn't pay for it. Gimmick to fleece the proud.
Matthew Biggs
Matthew Biggs Feb 19, 2023 9:01PM ET
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Like back in the day when USPS tried charging for a USPS email address.
ZS Beck
ZS Beck Feb 19, 2023 4:54PM ET
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12$ for brainwashing. Good deal
Christian Verdes
Christian Verdes Feb 19, 2023 4:54PM ET
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you right
Richosner Jean Joseph
Richosner Jean Joseph Feb 19, 2023 3:22PM ET
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I'm here
 
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