Site icon TimesKuwait

Twitter will allow publishers to charge users, starting in May

Twitter CEO Elon Musk said on Saturday that the social media platform will allow media publishers to charge users on a per-article basis with one click, calling it a win for both public and media organizations.

Musk added that this feature, which will be launched in May, will make users who do not “sign up for a monthly subscription pay a higher price for each article that appears in front of them casually and wants to read it,” reports Al-Rai daily.

Musk announced on Friday that Twitter will deduct 10 percent of the revenue from content subscriptions after the first year, stressing that the company will not deduct this percentage of revenue during the first twelve months.

He said that includes subscriptions to long texts and video clips of several hours. Since Musk took over the company, he has accelerated a number of changes in organization and products.

The company introduced the blue check mark as a paid service and cut staff by about 80 percent. Musk made adjustments to the company to increase revenue after the social media platform saw a decline in advertising income last year in the run-up to the October takeover.

Exit mobile version