Twitter Co-Founder Biz Stone To Facebook: Start a Premium Subscription Service 156
An anonymous reader writes "Twitter co-founder Biz Stone today decided to offer some business advice for Facebook: launch a premium subscription service. For $10 a month, Stone figures the company could get rid of ads on its site for those willing to pay to go 'premium.' He says in part: ' Anywhoo, now that I’m using it and thinking about it, I’ve got an idea for Facebook. They could offer Facebook Premium. For $10 a month, people who really love Facebook (and can afford it), could see no ads. Maybe some special features too. If 10% percent of Facebook signed up, that’s $1B a month in revenue. Not too shabby. It’s a different type of company, but by way of validation, have a look at Pandora’s 1Q14 financial results. Of all Pandora’s revenue generators, the highest growth year-over-year by far (114% growth rate) is in subscriptions—people paying a monthly fee for an ad-free experience....."
Re:Big difference between Pandora and Facebook. (Score:4, Interesting)
Re:Adblock + (Score:4, Interesting)
Adblock + gets rid of the overt adverts, and FBPurity (http://www.fbpurity.com/) gets rid of the spammy content (game requests, 'questions', 'trending articles', 'promoted posts') and cleans up the UI cruft (news ticker, half the left column).
With those two, and manually turning on the see all posts option for every page, FB doesn't have much left to charge for that you can't get for free.
Re:Yeah Right (Score:5, Interesting)