In yet another cash grab, Meta is introducing subscription plans across its social media network, including Facebook, Instagram, and WhatsApp.
I’ve said many times that the greed of these mega online entities knows no bounds. Google has also recently increased YouTube Premium and YouTube Music subscriptions, even though its paid subscriber base has seen significant growth. Surely that situation should call for a reduction in fees, not an increase?
Now Meta has announced the introduction of a “Plus” tier across its social media platforms, with those who subscribe to Instagram Plus ($3.99/mo), Facebook Plus ($3.99/mo), or WhatsApp Plus ($2.99/mo) gaining access to additional features, such as profile customization, super reactions, and story insights.
Meta is also testing other subscription offerings, including professional plans for creators and businesses, and AI-focused plans for all users. All these subscription offerings will be provided under a new platform name, “Meta One”.
I am not a fan of social media to begin with, so I certainly am not interested in paying for any advanced features, but I can understand how the younger generation might see things differently. Over and above all, I cannot believe the greed of these already mega-wealthy companies.
At a time when they should be looking at maybe giving something back to society, all they seem interested in is accumulating more and more money. It begs the question, just how much money is enough?
Will you be looking into subscribing to these Meta One “Plus” plans? Or are you of the same opinion as myself, that social media is best avoided?
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Great article Jim. To the filthy rich, more is the only word they know. And I am of the same opinion as you that social media is best avoided. Find it an odd contradiction of words “social media” because I am a social guy, Mindblower! 🙂