Here me out. You pay say $9.99 for a entire year, you see no adds and have access to premium content. I would pay it. I don’t work at Facebook, but maybe I should.
Most people I know don’t like the adds
You can use an ad blocker instead
On your phone?
Firefox Android has an extension for it
It depends on how much FB is earning per year per user. They are definitely earning more that $9.99 per user per year, otherwise their annual revenue would not be more than $20B. Hence they won't come up with the paid plan you suggested especially at that price.
What price point would it need to be then?
All they need to do is offer gdpr compliance in the US, having the right to be fully erased. Most people given the option won't use it, and then they won't worry about info being sold.
They earn around $35 per user
Here
Hear*
I think the best thing right now is to roll out their dating service. At least that'll make me want to create an FB account. There are all forms of revenue models that can be implemented there
What is this premium content you are talking about on fb. Even without ads, I am not paying a single penny for all the egotistical or politically opinionated posts from my connections there.
Original shows and movies, much like amazon
Ok. More like YouTube in my opinion.
Lol... Facebook made an announcement that they are coming up with a premium.
When?
During the committee hearing, during one of the interviews told they might consider offering a premium version https://www.techradar.com/news/facebook-could-introduce-a-paid-subscription-service
Can they still sell your data?
Yes
Then why would you pay? Ads bother you that much?