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Twitter’s Biz Stone suggests Facebook could make $1bn a month from premium, ad-free version of the site

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By Jennifer Faull, Deputy Editor

July 22, 2013 | 1 min read

A premium, ad-free version of Facebook could make the social network $1bn a month in revenue, according to Twitter co-founder Biz Stone.

Stone suggested that Mark Zuckerberg consider introducing a $10 (£6.50) per month subscription, which would allow users to use Facebook free from ads.

"I've got an idea for Facebook. They could offer Facebook Premium. For $10 a month, people who really love Facebook [and can afford it], could see no ads. Maybe some special features too," said Stone in a blog post.

"If 10 per cent of Facebook signed up, that's $1bn a month in revenue. Not too shabby."

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