Twitter CEO Elon Musk said Saturday that the social network will allow media publishers to charge users per article with a single click. An initiative that he has described as a victory for both the public and media organizations.
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The function, which will be launched in May, will allow users who do not "sign up for a monthly subscription to pay a higher price per article when they want to read an occasional article," as shared on the Twitter network itself.
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.…
As early as Friday, Musk said that Twitter will take a 10% cut on subscriptions to content creators after the first year, and not during the first 12 months. These subscriptions include long-form text and hour-long videos.
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Since taking over the social media company in October, Musk has quickly pushed through a series of organizational and product changes.
The company implemented the Twitter verified blue tick as a paid service and reduced the employee base by approximately 80%. Musk has been making changes to boost revenue at Twitter after the social media platform saw ad revenue fall last year in the lead up to the acquisition at different times and eventually shut down.
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