Facebook launches deals program

Tablets Smartwatches Speakers Drones. Accessories Buying Guides How-tos Deals. Health Energy Environment. YouTube Instagram Adobe. Kickstarter Tumblr Art Club. Film TV Games. Fortnite Game of Thrones Books. Comics Music. Filed under: Tech Facebook. Facebook launches program to help local news outlets boost digital subscriptions. Share this story Share this on Facebook Share this on Twitter Share All sharing options Share All sharing options for: Facebook launches program to help local news outlets boost digital subscriptions.

Location-based social network Foursquare has a similar program. Offers through Facebook can last anywhere from a day to a week.

The social network won't disclose how much commission it takes. With Groupon and others, the deal site typically takes up to half the revenue. There are hundreds of Groupon copycats willing to accept lower commissions, but many small businesses prefer to partner with larger companies such as Groupon and LivingSocial because they reach more potential customers. Facebook will bring deals to even more people. While Groupon has 70 million members and LivingSocial has 28 million, Facebook has million people worldwide.

Add to that the fact that many small businesses already have a Facebook presence, and the social network becomes a good fit for daily deals, says Greg Sterling, senior analyst for Opus Research. As a share of overall Web surfing, visits to group-buying sites grew ten-fold over the past year, according to research firm Experian.

LivingSocial had 7 million unique visitors in March, up 27 percent from February, making it one of the 10 fastest-growing websites in the U. The program will be free for artists to participate in. The purpose of the Facebook and Instagram music libraries is to give users methods of expressing themselves with music features, from song stickers to lyrics.

The new initiative is expected to increase revenue opportunities for independent artists all over the world every time their music is used to create content. The Facebook Independent Artist Program provides an even greater gateway for indie artists from around the world to be heard. The two companies see their partnership as an opportunity to give the new generation of music fans an opportunity to discover new music and feel closer to music and artists they love.

Artists, record labels and producers will be able to engage fans earn revenue through virtual launch parties and concerts, integrated in-experience music and virtual merchandise. According to them, RCA has supported that vision.

Backed by the vision of J.