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USA EditionYou are located: Home > All News > Social Networking News > RumorTT: Facebook looking into monthly subscription service, would add extra profile features, remove ads

RumorTT: Facebook looking into monthly subscription service, would add extra profile features, remove ads

By: (more) | Social Networking News | Posted: Mar 7, 2013 1:52 pm

Patents are often a double edged sword that can lend an interesting look into the way a company thinks. It's something we see and speculate on all the time, and this morning is nothing different. Facebook has filed a patent that could drastically change the social network's business model.

 

facebook_looking_into_monthly_subscription_service_would_add_extra_profile_features_remove_ads

 

US Patent 20130030987 A1 was filed in 2011 and was granted in January of this year. It's titled "Paid Profile Personalization" and describes a method that would allow Facebook to remove ads, and implement "premium" features to the profiles of users who subscribe to a monthly service.

 

Does this mean that Facebook could be investigating a paid subscription service that would let you spice up your profile and remove those annoying tiny ads? Truthfully, I have no idea. The fact is that most patents remain unused and in recent times, they are used more as a blocking agent than a true "innovative idea."

 

The one thing I do know is that with 1+ billion users, if Facebook was able to get just 30% to subscribe to a $9.99 monthly service, then Facebook could be well on its way to becoming the most profitable company in the world. I seriously doubt I would opt in to another monthly subscription, but on the other hand, I know many people who would.


SOURCE #1

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