Meta to take nearly half of sales made by its metaverse creators as fees

FILE PHOTO: man stands in front of a sign of Meta, the new name for the company formerly known as Facebook, at its headquarters in Menlo Park, California, U.S. October 28, 2021. REUTERS/Carlos Barria/File Photo

(Reuters) - Facebook parent Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made inside the company's virtual reality platform Horizon Worlds.

The overall charge comprises of 30% hardware platform fee for sales made through Meta Quest Store, where it sells apps and games meant for its virtual reality headsets, and a further 17.5% cut as its Horizon platform fees, a Meta spokesperson told Reuters on Wednesday.