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Chronicles

The story behind the story

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Facebook says it will show creators who are using its new tools how much Apple, Google, and others take as a cut of their earnings through a payout interface

Jay Peters / The Verge :

The Verge Jay Peters

Context & Ripple Effects

Facebook’s creator economics had already involved a substantial platform share: its earlier video-revenue program allocated Facebook a 45% share, while internal policy documents described a potential cut of up to 30% for Fan Subscriptions. The payout display makes the separate cost imposed by mobile distribution more visible to creators.

The move sits alongside Facebook’s stated plan to route creator transactions outside Apple’s payment system and its later rollout of custom subscription links using native payments. Together, those steps make payment routing, rather than only creator monetization features, a competitive lever.

First-order effects

  • Creators using Facebook’s new tools gain an itemized view of how Apple, Google, and other intermediaries reduce their payouts.
  • Facebook can distinguish its own creator-payment offering from the fees charged by the mobile platforms that control in-app transactions.

Second-order effects

  • Greater fee visibility gives Facebook a clearer basis for steering creators toward transactions completed elsewhere, reducing the appeal of in-app payment routes that carry Apple or Google deductions.
  • Apple and Google face a more explicit comparison point when creators choose between native in-app purchases and Facebook-directed payment options.

Third-order effects

  • Creator monetization is shifting toward competition over the payment route as well as the audience and monetization tools; platforms that control the transaction can retain more influence over creators’ net earnings.
  • Facebook’s later use of native-payment subscription links suggests that transparency measures can become part of a broader effort to move transactions beyond mobile gatekeepers’ billing systems.

The trend: Creator platforms are increasingly competing to control payment routing and expose the take rates imposed by mobile distribution gatekeepers.

Discussion

  • @frankieward Frankie on x
    @JakeSucky It won't bring a boost in revenue because people don't want to watch their favourite Twitch streamers on Facebook
  • @reckless Nilay Patel on x
    This is great. Markets run on information! https://www.theverge.com/...
  • @mhbergen Mark Bergen on x
    Who exactly are “creators” here and does the Google fee .........not include YouTube commissions? https://www.theverge.com/...
  • @dbfig @dbfig on x
    This is just a move to put pressure on Google/Apple. FB is not the good guy. Yet, I appreciate the pettiness. 😂 Honestly, Creators should have a real breakdown like this on all platforms. https://twitter.com/...
  • @mitcheil Mitchell on x
    @JakeSucky Are there people that actually stream on FB who aren't contracted? lol
  • @glenngabe Glenn Gabe on x
    “Less than 2 hours before Apple's big Worldwide Developers Conference”... -> Facebook announced it will show creators how much money Apple and Google take from them https://www.theverge.com/... https://twitter.com/...
  • @zerohedge @zerohedge on x
    Facebook Won't Take Revenue Share From Creators Until 2023 It will just sell everyone's private data at full price to the highest bidder
  • @carnage4life Dare Obasanjo on x
    As enabling creators to monetize in social apps becomes more popular, the 30% in-app purchase cut from Apple & Google begins to bite. Facebook plans to show subscriber revenue lost to these fees in a future update. Wonder if other apps will do the same? https://www.theverge.com/.…
  • @sillymikey Mike on x
    @verge Facebook desperately trying to come off as the good guy
  • @snoopeh Stephen Ellis on x
    Fuck yeah! 👏🏻 What a huge win for creators on Facebook. Creators keep 100% of revenue from subscriptions until 2023! 🔥 https://twitter.com/...
  • @minimaxir Max Woolf on x
    @MikeIsaac might be 50% salt at the iOS 14 App Tracking blocking though
  • @aznsensation27 @aznsensation27 on x
    At the height of my Twitch career/subcount - if I ever got full revenue of my subs, I would have gone full time into content creation. https://twitter.com/...
  • @0period @0period on x
    Wow, if only a major streaming platform owned by say... Amazon, would do something similar. Or at least give more than 50% of sub revenue. https://twitter.com/...