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This news item is part of the weekly top 5 news bulletin (from Week 1, Nov 2023) specially packaged for leaders of Nonprofits, Churches, and Faith-based Social Ventures. 

Meta Offers Ad-Free Subscription Option in EU for Facebook & Instagram

Meta has officially announced that they are offering an ad free subscription program in the EU, European Union region. This topic has been in discussion for quite a while now because of the strict legal compliance issues that companies like Meta, in the social media space, have been facing in the European Union. And now this comes as an option, not only to overcome the advertising privacy issues. But also as an additional revenue model. This is an important trend that you and me in the nonprofit and ministry space need to watch out because once this takes off then it brings in a question of how are you going to reach your audience in the EU region using ads on Facebook and Instagram. So we will watch this news closely and as it develops, we’ll keep you informed.

Here is the full list of the Top 5 News Items from Week 1, Nov 2023 with source links from Meta, Google, Instagram, X, AI.

🗞️ News 1: Meta Offers Ad-Free Subscription Option in EU for Facebook & Instagram   

Source: Meta

🗞️ News 2: Google Pay Can Now Be Used to Pay for Public Transit in 500+ Cities   

Source: Google

🗞️ News 3: Instagram Reminder Ads Gets New Features Including Stories Placement   

Source: Instagram

🗞️ News 4: X (Twitter) Launches Premium+ Subscription with No Ads & Creator Tools       

Source: X

🗞️ News 5: [AI] Joe Biden Issues Executive Order; Frontier Model Forum Gets $10mn 

Source: US WhiteHouse | Google

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