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Tuesday, April 24, 2012
Facebook Says It May Budge On 30% Revenue Share For Apps That Aren?t Games
There was a little gem that we almost missed yesterday in Facebook's amended IPO filing. But it looks like Facebook acknowledged that it may have to move away from a 30 percent revenue share with app developers if it expands Credits, its virtual currency, and payments beyond gaming. This is what it said in the filing yesterday: "We receive a fee of up to 30% when users make such purchases from our Platform developers using our Payments infrastructure. In the future, if we extend Payments outside of games, the percentage fee we receive from developers may vary." If Facebook cuts its 30 percent revenue share for other types of apps, the choice will set it apart from other platforms. Here's how:
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