Meta will pay for content creators and musicians using Facebook's live audio feature. Recently, the CEO of this company Mark Zuckerberg said that a budget of 1 billion USD has been set for content creators. This money will be used throughout the year 2022. (Source: Tech Times)

Content creators using Facebook's Live Audio Rooms feature will be paid between 10,000 and 50,000, according to The Information.

Meta has announced this budget to survive in competition with audio platforms such as Clubhouse and Twitter Spaces. Facebook's traditional strategy is to mimic the successful features of other successful platforms. Facebook has launched a reel feature on Instagram to compete with Tiktok. Instagram has announced to pay up to 35 thousand dollars in reels.

Social sites are being seen taking various steps to retain content creators on their platforms. Tiktok has Creator Fund, Snapchat's Spotlight program, and Twitter's Paid Accelerator program. Artists and content creators in the United States will initially receive money for content in the Live Audio feature. The feature was unveiled to users in other parts of the world last October, although there is no scope for monetizing. In the beginning, this feature was only available to the users of Facebook's iOS app. From now on, Android app users will also be able to take advantage of this. While listeners around the world can enjoy any content in the live audio room feature on desktop computers, they need to use a mobile app to create content.