Elon Musk just isn’t solely on a mission to make Twitter worthwhile however to additionally give creators the chance to monetize their content material. The platform’s CEO introduced a brand new characteristic that can permit media publishers to cost on a per-article foundation.
“Rolling out subsequent month, this platform will permit media publishers to cost customers on a per-article foundation with one click on,” Musk tweeted. “This allows customers who wouldn’t join a month-to-month subscription to pay the next per-article worth for after they wish to learn an occasional article. Needs to be a serious win-win for each media orgs & the general public.”
This characteristic would give readers entry to articles for a price that might in any other case want a subscription to be accessible.
This week, Twitter rolled out globally the Subscription characteristic that enables creators to monetize their content material by charging a month-to-month price.
“Assist content material creators world wide in close to and much away locations!” Musk touted. “For a lot of this represents an important supply of revenue and allows them to place extra time into creating nice content material for you.”
Musk assured that “all proceeds go to content material creators, we maintain nothing.”
Earlier in April, Musk mentioned that “for the subsequent 12 months, Twitter will maintain not one of the cash.” Musk clarified that the one charges they might take away are those charged by the platform had been customers subscribed one.
“You’ll obtain no matter cash we obtain, in order that’s 70% for subscriptions on iOS & Android (they cost 30%) and ~92% on internet (may very well be higher, relying on cost processor),” Musk tweeted.
Musk continued, “After first 12 months, iOS & Android charges drop to fifteen% and we are going to add a small quantity on prime of that, relying on quantity. We can even assist promote your work. Our aim is to maximise creator prosperity. At any level, you may depart our platform and take your work with you. Straightforward in, straightforward out.”