Get All Access for $5/mo

Twitter Announces To Get Paid For Each Article Musk revealed that Twitter will take a 10% cut on content subscriptions after the first year, noting that the company will not take a cut for the first 12 months

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

Twitter CEO Elon Musk has announced that Twitter will allow media publishers to charge users for individual articles they post on the website. The feature is rolling out next month.

"Rolling out next month, this platform will allow media publishers to charge users on a per article basis with one click. This enables users who would not sign up for a monthly subscription to pay a higher per article price for when they want to read an occasional article. Should be a major win-win for both media organizations and the public," Musk Tweeted.

According to reports, this move is seen as Twitter's attempt to find a sustainable business model as advertising revenue continues to fluctuate. Moreover, Musk also revealed that Twitter will take a 10% cut on content subscriptions after the first year, noting that the company will not take a cut for the first 12 months. These subscriptions include long-form text and hours-long videos.

The per-article payment feature could benefit media organizations struggling to make ends meet, especially as advertising revenue continues to be unpredictable.

Meanwhile, Twitter has also applied 'Community Notes' to ads which aims to create a better informed world by empowering people on Twitter to collaboratively add context to potentially misleading Tweets. The feature allows the contributors to leave notes on any Tweet and if enough contributors from different points of view rate that note as helpful, the note will be publicly shown on a Tweet

Earlier this week, the micro-blogging site removed the legacy verified blue tick from verified accounts where several celebrities have lost their verified blue ticks from their Twitter accounts. This comes months after the company's CEO Elon Musk announced the date to press users to sign up for Twitter Blue, its paid subscription service.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Leadership

Why Hearing a 'No' is the Best 'Yes' for an Entrepreneur

Throughout the years, I have discovered that rejection is an inevitable part of entrepreneurship, and learning to embrace it is crucial for achieving success.

Leadership

Your Definition of Leadership Is Outdated — Here's How to Be a Better Leader in the Modern Workplace

In my nearly thirty years as a leader, I've focused on setting a clear vision and empowering my team to achieve our goals. We prioritize establishing shared objectives while allowing for flexibility when needed.

Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Entrepreneurs

Academic Excellence Is Not Necessary for Success in Life: Hear from the Founder of this Exciting New Digital Education Platform.

Many educational platforms are emerging these days to help people qualify for various types of entrance examinations. But what about the students who don't want to take the traditional path, the ones who don't rank among the top 10 in the classroom yet still aim high in life?

Starting a Business

They Showed Up to Apple With a Product They Built in Their Dorm Room. Now These Entrepreneurs Are on the Way to Changing the Way Fans Watch Sports.

How Rahat Kulshreshtha and Gaurav Mehta launched Quidich Innovation Labs, technology that is literally changing the game of sports viewership.

Fundraising

Netflix Co-Founder Marc Randolph Reveals the Magic Formula for Grabbing an Investor's Attention

On this episode of "Entrepreneur Elevator Pitch," tech entrepreneurs must explain complex solutions in 60 seconds or less.