Short-form video creators on Instagram and Facebook will soon lose one way of making money on the platforms. “We are evolving the test of our Reels Play bonus on Instagram and Facebook as we focus on investing in a suite of monetization solutions to help creators earn steady streams of income,” Paige Cohen, a Meta spokesperson, told The Verge in an email. The Reels bonuses were part of Meta’s two-year, $1 billion pool of money that the company promised would go to creators through 2022