Twitter to take 10% cut on content subscriptions after 12 months (April 28)
Twitter to Take 10% Cut on Content Subscriptions
Twitter Inc CEO Elon Musk announced on Friday that the social media platform will take a 10% cut on content subscriptions after the first year. This move is part of the company’s efforts to diversify its revenue sources and monetize content on the website. Users of the platform will be able to offer their followers subscriptions to content, including long-form text and hours-long video. Musk has been bringing in changes at Twitter to boost revenue after the platform saw advertising income drop last year in the run-up to his $44 billion acquisition that closed in October.
- The cut taken by iOS and Android platforms on subscriptions will drop to 15% in the second year from 30% in the first.
- Correction: The cut taken on subscriptions is by iOS and Android platforms, not Twitter.
Other News:
After Fox News let go of their lead prime-time host, Tucker Carlson, many speculate what his next move might be and what the future holds for Fox News and journalism.
The race for Kentucky governor heats up, as candidate Eric Deters challenges his opponent, former U.S. Ambassador to the UN and Canada, Kelly Craft, on her residency status.
One America’s Jessamyn Dodd reports on the dangers of social media and potential harm for children.
The future of artificial intelligence has many people skeptical on what Ai “is” and should we be nervous?
Turkish delivery app Getir is in talks to take over German rival Flink in a key step toward consolidation in Europe’s…
BitOasis, a Middle East-focused crypto exchange based in the United Arab Emirates, has received the first broker-dealer minimum viable…
Sony Group Corp’s shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate’s annual…
The European Union is likely to reach a political agreement this year that will pave the…
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases
Physician's Choice Probiotics 60 Billion CFU - 10 Strains + Organic Prebiotics - Immune, Digestive & Gut Health - Supports Occasional Constipation, Diarrhea, Gas & Bloating - for Women & Men - 30ct
Vital Proteins Collagen Peptides Powder, Promotes Hair, Nail, Skin, Bone and Joint Health, Zero Sugar, Unflavored 19.3 OZ