Meta to Take ~50% Sales Cut in the Metaverse

Meta plans to take 47.5% cut on virtual asset sales in its metaverse

A Meta spokesperson confirmed to CNBC Wednesday that Meta will take an overall cut of up to 47.5% on each transaction. That includes a “hardware platform fee” of 30% for sales made through the Meta Quest Store, where it sells apps and games for its virtual reality headsets. On top of that, Horizon Worlds, will charge a 17.5% fee.

Everyone, including Meta, has been complaining about the 30% sales cut that Apple takes in the App Store. This has led to recent lawsuits and some recent changes to subscription fees for reader apps. I'm not sure how long this 47.5% cut is going to last.