{"id":9561,"date":"2023-04-14T00:27:47","date_gmt":"2023-04-14T00:27:47","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/musk-says-twitter-will\/"},"modified":"2023-04-14T00:28:15","modified_gmt":"2023-04-14T00:28:15","slug":"twitter-to-let-users","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/twitter-to-let-users\/","title":{"rendered":"Twitter to let users offer content subscriptions in monetization push"},"content":{"rendered":"<p>(Reuters) -Twitter-owner Elon Musk said on Thursday users of the social media platform will be able to offer their followers subscriptions to content, including long-form text and hours-long video. <\/p>\n<p>Users offering the subscription, a feature they can access through the &#8220;Monetization&#8221; tab in settings, will get all the money subscribers pay apart from the charges platforms such as Android and iOS levy. Twitter will not take a cut for the first 12 months.<\/p>\n<p>&#8220;That&#8217;s 70% for subscriptions on iOS &amp; Android (they charge 30%) and ~92% on web (could be better, depending on payment processor),&#8221; Musk said in a tweet, adding Twitter will also help promote the creators&#8217; work and maximize earnings.<\/p>\n<p>Google rejected Musk&#8217;s claim in an email to Reuters and said it had lowered the service fee for all subscriptions on Google Play to 15% from 30% in 2022.<\/p>\n<p>Musk has been bringing in changes to boost revenue at Twitter after the social media platform saw advertising income drop last year in the run up to his on-again-off-again acquisition that closed in October.<\/p>\n<p>Since taking over, Musk has swiftly moved through a number of product and organizational changes. The company rolled out Twitter-verified blue tick as a paid service and shrunk the employee-base by about 80%.<\/p>\n<p>The social media firm was now &#8220;roughly breaking even&#8221;, Musk said in a Twitter Spaces interview on Wednesday.<\/p>\n<p> (Reporting by Yuvraj Malik in Bengaluru; Editing by Krishna Chandra Eluri)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/twitter-to-let-users\/illustration-shows-elon-musk-photo-and-twitter-logo\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3C0R6-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ3C0R6-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) -Twitter-owner Elon Musk said on Thursday users of the social media platform will be able to offer their followers subscriptions to content, including long-form text and hours-long video. Users offering the subscription, a feature they can access through the &#8220;Monetization&#8221; tab in settings, will get all the money subscribers pay apart from the charges [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":9562,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[1223],"class_list":["post-9561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business","tag-updated"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3C0R6-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/9561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=9561"}],"version-history":[{"count":3,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/9561\/revisions"}],"predecessor-version":[{"id":9636,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/9561\/revisions\/9636"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/9562"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=9561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=9561"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=9561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}