Facebook and Instagram to offer subscription for no ads in Europe
Meta Platforms said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram without advertisements to comply with the European Union regulations.
The monthly subscription plans will cost 9.99 euros ($10.58) for web users, while iOS and Android users will have to shell out 12.99 euros a month.
The EU regulations threaten to curb Meta’s ability to personalize ads for users without their consent and hurt its major revenue source.
Offering a choice between a free, ad-supported plan and an ad-free paid subscription might lead to users opting for the former, helping Meta comply with the regulations without affecting its ad business.