
How the Metaverse Could Transform the Entertainment Industry
The Town with Matthew Belloni
00:00
Facebook Is a Cynical Reed, Un Facebook, I Think.
Facebook has been more adversely affected by their lack of the platform than anyone else. They tried to launch a cloud gaming service not allowed on i o s, effectively they tried to launch their creator tipping platform but that doesn't work. If apple takes 30% and then you want to take ten, 20 or 30, it leaves less than half to the creator. And so i thnk there's a cynical perspective saying, let's get out from under their thumb. But the move started a decade ago, and they're also uniquely aware of the challenges in the ways in which their business,. which rightly criticised for being solely reliant on advertising, has been unable to evolve from that because of what
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