Meta unveiled several ad-related updates for Facebook and Instagram, including new ad formats for Facebook Reels and ad placements in Explore Home and Profile Feed.

These add to a growing list of features that Facebook has delivered to creators over the past few months, including Interoperable Subscriptions and Music Revenue Sharing.

Instagram is currently developing a Media Kit feature.

Through a new Music Revenue Sharing feature, creators can now earn money for Facebook videos with licensed music — something that wasn't possible before.

Meta announced several updates to creator monetization for Facebook and Instagram this week, including delaying the charging of creator fees for Subscriptions, Badges, Paid Online Events, and Bulletin until 2024.

Meta shared updates for Reels Play bonus programs.

Facebook Gaming is testing ways for streamers to stream simultaneously on Facebook and Instagram. C

Meta is testing new ways for creators to monetize for Horizon Worlds, its social virtual reality platform, where people can create and explore digital worlds.

Facebook is kicking off Stars Fest, a month-long celebration to reward creators with Stars.