Last Updated: April 14, 2023, 01:41 IST
Since taking up, Musk has swiftly moved by means of quite a few product and organizational adjustments. (File Photo)
Musk has been bringing in adjustments to spice up income at Twitter after the social media platform noticed promoting earnings drop final 12 months
Twitter-owner Elon Musk stated on Thursday customers of the social media platform will be capable to provide their followers subscriptions to content material, together with long-form textual content and hours-long video.
Users providing the subscription, a characteristic they will entry by means of the “Monetization” tab in settings, will get all the cash subscribers pay other than the fees platforms reminiscent of Android and iOS levy. Twitter is not going to take a reduce for the primary 12 months.
“That’s 70% for subscriptions on iOS & Android (they charge 30%) and ~92% on web (could be better, depending on payment processor),” Musk stated in a tweet, including Twitter may even assist promote the creators’ work and maximize earnings.
Musk has been bringing in adjustments to spice up income at Twitter after the social media platform noticed promoting earnings drop final 12 months within the run as much as his on-again-off-again acquisition that closed in October.
Since taking up, Musk has swiftly moved by means of quite a few product and organizational adjustments. The firm rolled out Twitter-verified blue tick as a paid service and shrunk the employee-base by about 80%.
The social media agency was now “roughly breaking even”, Musk stated in a Twitter Spaces interview on Wednesday.
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