Musk had anticipated this month that users would soon be able to offer content subscriptions, including text and video, and that it planned to charge 10% of earnings from that service after the initial 12 months.

In his message, the entrepreneur said that the change in media will lead users who do not have “a monthly subscription” to “pay a higher price per article” when they only want to read occasionally.

The company, which has been looking for ways to increase revenue, said the initiative to charge for items will be a “win-win” situation, both for the media and the public.

Musk, who bought Twitter just over a year ago, took some measures, such as changes to the Twitter Blue subscription, which, under his leadership, became paid, when it was previously offered to personalities and organizations.

The businessman also laid off 80% of his employees, auctioned his office furniture and recently announced that he would limit access to his application programming interface (API) – software tools that allow outside researchers and programmers to collect and analyze data – and charge a fee in most cases.

Read Also: Lewis Hamilton plans to go to the moon with… Elon Musk

Always be the first to know.
Seventh consecutive year Consumer Choice for Online Press.
Download our free App.

Apple StoreDownload

California18

Welcome to California18, your number one source for Breaking News from the World. We’re dedicated to giving you the very best of News.

Leave a Reply