this post was submitted on 10 Nov 2023
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Facebook and Instagram users in the European Union will be charged up to €12.99 a month for ad-free versions of the social networks as a way to comply with the bloc’s data privacy rules (www.theguardian.com)
submitted 1 year ago by jlh@lemmy.jlh.name to c/europe@feddit.de
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Awful to see our personal privacy and social lives being ransomed like this. €10 seems like a price gouge for a social media site, and I'm even seeing a price tag of 150SEK (~€15) In Sweden.

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[–] jlh@lemmy.jlh.name 2 points 1 year ago* (last edited 1 year ago)

That's impressive that customers pay that much to advertise on Facebook if true. that's an average CPM of like $50. (5 cents per ad view)

At the same time, that article also claims that personalized ads are only worth 2x as much as regular ads, so that implies that FB/Instagram users should have the option to pay $5/month for ads without data tracking. I doubt that personalized ads are actually worth that much, but still.