Instagram is expanding the “Subscription” monetization platform and adding new features which will allow content creators to post stories, feed posts, and hold chats just for paying subscribers.
Subscription model RSS
Snapchat Plus is the company's first-ever attempt at monetization outside advertisements. The service will cost $3.99 per month and offer some exclusive features, but subscribers will still get ads.
Netflix has confirmed that it will not insert ads to lower the entry price of subscriptions on its streaming service. The company could, however, explore an ad-subsidized model owing to competition.
The subscription model for revenue generation from smartphone apps and games has witnessed massive growth in 2021. Although its overall contribution is low, it is growing at a phenomenal rate.