Technology

Meta to take nearly half of sales made by its metaverse creators as fees

Meta to take nearly half of sales made by its metaverse creators as fees

Facebook parent Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made inside the company's virtual reality platform Horizon Worlds. The overall charge comprises of 30% hardware platform fee for sales made through Meta Quest Store, where it sells apps and games meant for its virtual reality headsets, and a further 17.5% cut as its Horizon platform fees, a Meta spokesperson told Reuters on Wednesday.

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