Facebook’s creative team continues its efforts to increasingly monetize its huge audience of more than 2.85 billion active users per month and 1.8 billion active users per day.
Facebook’s current plans are to improve the monetization of its Facebook Live product for online broadcasts of events by connecting more paid sports content.
Facebook says it will help businesses, including sports, make more money in a changing content environment.
Today, Facebook Live already gives small businesses the opportunity to earn money: a variety of consultants, coaches, coaches in music, fitness, leading a variety of workshops and more.
Joav Arnstein, Facebook’s director of product management, believes that paid online sports events also have the potential to grow and enable organizers to make money around the world. Today, these organizers earn in two ways: by selling broadcasting rights and tickets to offline events.
Facebook plans to start by partnering with regional organizers and teams looking to earn more from their competitions.
Rob Shaw, Facebook’s director of sports media and league partnerships, said the company could benefit from some users opting to pay a one-time online fee for a particular sporting event rather than paying a monthly subscription.
As an example of the success already achieved, Facebook said that 18.3 thousand people watched the online broadcast of the March triathlon Challenge Miami in March this year and users bought tickets for $ 2.99. This is more than the event could attract for offline viewing, with 70% of viewers being outside the US.
According to the company, since the launch of Facebook Live last August, paid online events have become available in 44 markets around the world, including the United States.
Apple Inc, according to a lawsuit filed by Epic Games Inc., must allow mobile app developers to redirect users to alternative resources to pay for services in the App Store. The Wall Street Journal reported this. A 30% commission is now charged on each purchase. Judge Yvonne Gonzalez Rogers concluded that Apple’s practice was uncompetitive […]
The World Bank will provide Ukraine with a second tranche of $ 350 million, but subject to certain conditions. WB Vice President for Europe and Central Asia Anna Bjerde told Interfax-Ukraine what exactly is expected from Kyiv. “The prospects for the second tranche of the Economic Recovery Development Policy Loan depend on maintaining an adequate […]
September 13, 2021 — Stockholm, Sweden — Beetroot AB, the tech division of the Beetroot ecosystem, opens a new location in Mariupol, Ukraine. The company is currently accepting applications for over fifty software development vacancies in its international client projects. In Mariupol, Beetroot will focus on building teams of tech specialists to work on a […]
The American multinational corporation Google, fined in France for copyright infringement, has announced its intention to appeal the decision of the French regulatory authorities. This was announced on Wednesday, September 1, the chairman of the board of Google France Sebastien Missoff. “We do not agree with some legal nuances and consider the amount of the […]
As of September 1, 11,499 agreements have been concluded within the land market. Poltava (2,873.6 ha) and Kharkiv (2,747.4 ha) regions are in the lead. This was reported by the press service of the Ministry of Agrarian Policy. It is noted that 4836 notaries have applied for access to the State Land Cadastre. A total […]
In the first half of 2021, Metinvest earned $ 2.769 billion compared to a loss of $ 240 million a year earlier, according to the company’s press service. According to the financial report, as of June 30, the Group’s net debt decreased by 52% since the beginning of the year – to $ 1.016 billion, […]
The State Property Fund of Ukraine has put the Vinnytsia diamond processing plant Crystal up for privatization auction for almost 90 million hryvnias. This is stated in the message of the Foundation. It is noted that the plant not only cuts and grinds precious stones, but also makes jewelry. They produce more than five thousand […]
In the first half of the year, the National Bank suffered UAH 12 billion in losses, according to the central bank’s press service. In this regard, next year, according to the forecast, the NBU will transfer to the budget UAH 13.6 billion, which is 1.8 times less than this year (UAH 24.4 billion). It is […]
Everyone has heard about Sweden from childhood, as it was Stockholm where the well-known fairytale heroes The Kid and Carlson lived. Let’s add here favorite of all IKEA, the band ABBA, cars of Volvo and Scania, companies like Spotify, Ericsson, H&M, Electrolux and μTorrent – the vision of the nation is made up of pieces. […]Next
Ukrainian company SkyUp Airlines opens new foreign routes departing from Kyiv, Lviv and Kharkiv. On Tuesdays and Fridays flights are scheduled from Kiev to Belgrade and Stockholm, on Thursdays and Sundays in Bratislava, on Wednesdays and Sundays in Amman, on Mondays and Thursdays in Colombo, on Wednesdays and Saturdays in Dubai. From Lviv on Wednesdays […]Next
Malaysian companies can become participants in the management of the airports of Ukraine, Najib Razak (Najib Tun Razak) said Malaysian Prime Minister after talks with President of Ukraine Petro Poroshenko at a joint news conference in Malaysia. Julia Kovalev, First Deputy Minister of Economic Development and Trade of Ukraine explained, that here is we are […]Next
The largest Chinese Internet company Alibaba Group Holding Ltd. will acquire from Auchan Retail International shares of the largest Chinese hypermarket operator Sun Art Retail Group for $ 3.6 billion, according to the press release from Alibaba. “Alibaba is investing $ 28 billion ($ 3.6 billion) to acquire … 70.94% of Auchan Retail’s stake in […]Next
The claims of retailers inflated rental rates and a weak strategy of promotion of trade centers and poor quality traffic that negatively affect their sales. In turn, rentiers accused the network of helplessness during the crisis and the inability to promote their goods. The scandal began in 2014, when several dozen representatives of the apparel […]Next
China is a global player that sets its priorities for both the short and long terms. Ukraine is very interesting for China in the context of investment projects for the future. This is confirmed by a new investment proposal for Ukraine. Ukraine, along with 20 other countries, will be included in the posed by China Association […]Next
Bayer AG is going to sell the part of its business in biotechnologies and productions of cotton spheres. It is concerned the Crop Science subsidiary Company. According to Liman Kondon, the company chairman, this industry sphere is money-making. There is no reason in finding buyers to Buyer. The decision was concluded by a pressure of […]Next
Quotes of some international banks began to fall after the leakage of FinCEN files. This was reported by the publication Ukrainian Capital with reference to the auction data. The files contain information on suspicious transactions worth $ 2 trillion through the world’s largest banks. Shares of Deutsche Bank, which, according to FinCEN files, conducted transactions […]Next
The other day, was held a working meeting of representatives of the Ministry of Agrarian Policy and Food of Ukraine and the State Veterinary and Phytosanitary Service of Ukraine together with the Ministry of Environment and Water of the United Arab Emirates. UAE experts arrived in Ukraine for the inspection of domestic enterprises producing poultry […]Next
Former special representative of the US State Department on Ukraine Kurt Walker on Tuesday, September 1, became an independent member of the Board of Directors of BGS Rail. This was reported by LIGA. Business with reference to the press release. It is noted that Kurt Walker will also work as an advisor to the chairman […]Next
Ukrainian large taxpayers transferred UAH 362.3 billion in tax payments to the state budget in January-November 2020. According to the press service of the Office of Large Taxpayers of the State Tax Service, this is 11% more than in the same period last year. The share of tax payments from large businesses served by the […]Next
The Ministry of Agrarian Policy and Food of Ukraine has assigned four HarvEast dairy farms a status of the breeding farm. This entitles the company to engage in breeding purebred cows of the Holstein breed to ensure their own needs and the sale of breeding animals. This was said in a statement of the company. […]Next
In Ukraine, land belongs to citizens only within the limits allowed not by the law but the authorities, and the problem of ownership is inherited from the totalitarian times. By the way, the moratorium on selling land operates in Venezuela, Congo, Tajikistan, North Korea, and Cuba, in addition to our country… Law and Practice Neither the Verkhovna Rada nor the Constitutional […]Next
UIA, the largest airline, suffered UAH 4.5 billion in losses last year, compared to UAH 1.6 billion in profit a year earlier. It is said in a statement. It is noted that in 2020, UIA’s assets decreased from UAH 14.9 billion to UAH 9.2 billion, total receivables increased to UAH 1.619 billion from UAH 969 […]Next
The State Fiscal Service of Ukraine imposed a fine on Philip Morris Ukraine. In turn, the tobacco company believes that the claims of the Department of tax and customs audit of the SFS for 4.1 billion. UAH are unfounded. “Now the fine is not yet accrued officially. The verification was completed on May 10 and […]Next
Sales growth for Volvo Cars in the first quarter of 2021 was 40.8% compared to the same period last year. He became the best in the history of the Swedish automaker. Total sales for this period reached 185,698 cars, compared to 131,889 cars for the same period last year. Compared to the first quarter of […]Next