Live broadcasts have become a popular thing these days. Popular social media sites such as Instagram, Twitter, Youtube and Facebook have features that can let you post photos and videos live from where you are and it has become a widely used trend.
Out of all the sites, Facebook’s Live feature has been on the rise ever since its release, with the social media company promoting it non-stop. There hasn’t been a way to market it to users to have them earn money from it but now, there is. One can actually earn money by just going live. Read on below to know all the details about it.
Earn With Facebook Live
Facebook recently released a statement saying that paid live broadcasting is now available to the public. The company will share 55% of its ad revenues once you broadcast live.
Previously, the social media site paid celebrities and media companies to post live broadcasts when the feature debuted in 2016. But the offer was only available to a limited group.
Facebook Live is exploding!
— Bistro Boost (@BistroBoost) February 28, 2017
However, there’s a catch. Users who only have more than 2,000 followers and can reel in at least 300 viewers to watch their live broadcast can only avail of this paid feature. That’s right, not everyone can earn from it. One must have a big follower count for you to get paid for posting live broadcasts.
For now, the Live feature is still in beta. But if you meet their requirements, you’ll be receiving a notification to sign up soon.
Youtube uses the same percentage in paying users a share of their ad revenues. This has made Youtube one of the biggest sites to go to where you can earn money for going live. However, they require users to have 10,000 subscribers to qualify.
How To Use Facebook’s Paid Live Feature
Once you meet the site’s requirements, the company will send you an invite to have ads in your live broadcast. There you can click on the LIVE option and start posting.
A $ sign is shown once you start. When you click on it, a 15 second ad might show up for 4 minutes while you broadcast. This could stop your live stream. The second one will come after 5 minutes.
Viewers will be notified on the corner of their screen when the ad will end so they can return to your live broadcast. Viewers won’t be able to skip these ads either.
These may be annoying to some but for others who are looking to earning from their live broadcasts on Facebook may find this good news.