Twitter to launch paid content subscriptions for users, offering long-form tweets and long videos to followers. The feature can be accessed through the “monetization” tab in the settings, with users receiving all subscription fees paid by followers, in addition to fees charged by platforms such as Android and iOS. Twitter will not charge users anything for the first 12 months.
Content publishers can send long tweets of up to 10,000 characters and videos of several hours. During the first year of the service’s launch, creators will receive all subscription revenue, except for mobile platform fees, which are typically 30%. The web version allows creators to earn 92% of the income, making it a recommended option according to Twitter CEO, Elon Musk.
The feature will be available once creators reach 500 fans, and Musk believes that paid certification is essential for social networks to survive, citing the need to combat disinformation bots. Twitter’s advertising revenue has taken a significant hit, and Musk has taken various measures to increase revenue, including restructuring the organization, launching a Twitter-certified blue tick payment service, and laying off 80% of the staff. related news: Elon Musk Live-Streams BBC Interview on Twitter. Maybe X Corp Building one-stop service model?. According to Musk, Twitter has now largely broken even.