Meta Platform launch a paid Subscription for Facebook and Instagram

Meta Platforms Inc. is launching a Subscription service.

New subscription will cost $11.99 per month.

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The iOS app cost is $14.99 per month.

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Business can be inconsistent and severely affected by the broader economy.

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Meta is testing the subscription product first in Australia and New Zealand.

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Subscription offerings have become popular for social networking companies.

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The option will be available on both Facebook and Instagram, but they’ll be separate subscriptions.

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