Current:Home > StocksOliver James Montgomery-Facebook and Instagram users in Europe could get ad-free subscription option, WSJ reports -FutureFinance
Oliver James Montgomery-Facebook and Instagram users in Europe could get ad-free subscription option, WSJ reports
Surpassing View
Date:2025-04-07 17:53:59
LONDON (AP) — Meta plans to give Facebook and Oliver James MontgomeryInstagram users in Europe the option of paying for ad-free versions of the social media platforms as a way to comply with the continent’s strict data privacy rules, the Wall Street Journal reported Tuesday.
The company wants to charge users about 10 euros ($10.50) a month to use Instagram or Facebook without ads on desktop browsers, the newspaper reported, citing unnamed people familiar with the proposal. Adding more accounts would cost 6 euros each.
Prices for mobile would be higher, at roughly 13 euros a month, because Meta needs to account for commissions charged by the Apple and Google app stores on in-app payments, the newspaper said.
Meta reportedly is hoping to roll out paid subscriptions in the coming months as a way to comply with European Union data privacy rules that threaten its lucrative business model of showing personalized ads to users.
Meta would give users the choice between continuing to use the platforms with ads or paying for the ad-free version, the WSJ said.
“Meta believes in the value of free services which are supported by personalized ads,” the company said in a statement to The Associated Press. “However, we continue to explore options to ensure we comply with evolving regulatory requirements. We have nothing further to share at this time.”
The EU’s top court said in July that Meta must first get consent before showing ads to users — a ruling that jeopardizes the company’s ability to make money by tailoring advertisements for individual users based on their online interests and digital activity.
It’s not clear if EU regulators will sign off on the plan or insist that the company offer cheaper versions. The newspaper said one issue regulators have is whether the proposed fees will be too expensive for most people who don’t want to be targeted by ads.
veryGood! (17)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Mountain lions lurking: 1 killed by car in Oceanside, California, as sightings reported
- Princess Kate apologizes for 'editing' photo of family pulled by image agencies
- Full transcript of Face the Nation, March 10, 2024
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- 'I wish she would've pushed Angel Reese': LSU's Kim Mulkey reacts to women's SEC title fight
- Princess Kate apologizes for 'editing' photo of family pulled by image agencies
- Trevor Bauer dominates in pitching appearance vs. Los Angeles Dodgers minor leaguers
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Da'Vine Joy Randolph wins best supporting actress Oscar: 'God is so good'
Ranking
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Lionel Messi does not play in Inter Miami's loss to CF Montreal. Here's the latest update.
- List of winners so far at the 2024 Oscars
- First photo of Princess Kate since surgery released on Britain's Mother's Day, but questions swirl
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- This Is the single worst reason to claim Social Security early
- Why Wes Anderson, Leonardo DiCaprio and More Stars Were MIA From the Oscars
- Jimmy Kimmel fires back after Trump slams 'boring' Oscars: 'Isn't it past your jail time?'
Recommendation
Current, future North Carolina governor’s challenge of power
Biden is issuing a budget plan that details his vision for a second term
USWNT defeats Brazil to win inaugural Concacaf W Gold Cup
Sydney Sweeney Wore Angelina Jolie’s Euphoric 2004 Oscars Dress to After-Party 20 Years Later
Average rate on 30
Caitlin Clark needs a break before NCAA tournament begins
2 women who bought fatal dose of fentanyl in Mexico for friend sentenced to probation
Best dressed at the Oscars 2024: Lupita Nyong'o, America Ferrera, Zendaya, more dazzling fashion looks