Neil's avatar
$26.7m follower assets
Meta's Creator Economy
After $META announced a number of new monetization features and extended the company's prior pledge to not charge commission from Creators on Facebook and Instagram platform by another year until 2024, BofA analyst Justin Post estimated that the delay in commission collection has less than 1% impact on Meta's 2023 revenues.

Post, who wouldn't expect the announcement to apply to advertising revenues related to Reels or other video products, maintains a Buy rating and $233 price target on Meta Platforms shares.
Leon's avatar
Anyone who sold Meta because they delay the comission until 2024 has no clue of Facebooks Business and long term business decisions 😅
Jensen Butler's avatar
@mavix agreed
Rihard Jarc's avatar
@mavix Couldn't agree more.