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Facebook to Launch Self-Publishing Platform for Writers, Journalists to Monetize Content

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variety.com

Todd Spangler NY Digital EditorFacebook says it wants to “empower” independent writers and journalists by letting them make money from their work.The social giant on Tuesday confirmed plans to launch a new platform for writers to self-publish their content, grow their audience and make money through monetization tools starting with subscriptions.

Facebook said the platform will roll out in the coming months in the U.S.Facebook’s new platform will face a range of other competitors in the expanding newsletter/self-publishing space, including Substack and Twitter, which is gearing up to launch “Super Follows,” which will let individual users and publishers earn money from subscriptions.

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