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Ad Revenue in Twitter by Elon Musk

Elon Musk Says Twitter Will Now Share Ad Revenue With Blue Subscribers

By sanjayPublished about a year ago 3 min read
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Elon Musk

Elon Musk, the CEO of Tesla and SpaceX, recently announced that Twitter will now share ad revenue with its blue subscribers. This is a major change for the social media platform, which has traditionally relied on advertising as its main source of revenue. The move is expected to generate a significant amount of revenue for Twitter and also help build a more sustainable financial model for the platform.

Twitter has been facing increasing pressure to monetize its platform and generate a consistent stream of revenue. With this new initiative, Twitter aims to incentivize users to engage with the platform and increase the amount of ad revenue it generates. By sharing this revenue with its blue subscribers, Twitter hopes to create a more engaged user base that is invested in the platform's success.

The blue subscribers are users who have a verified account on Twitter and have been deemed to have a high level of engagement on the platform. These users are seen as influential in shaping public opinion and spreading information, and they are often targeted by advertisers looking to reach a specific audience. By sharing ad revenue with these users, Twitter is hoping to create a more engaged and invested user base that will help the platform grow and succeed.

In addition to generating revenue for the platform, this move is also expected to benefit blue subscribers. Many of these users are thought to be active influencers on the platform, and they will now be able to earn additional income from their engagement on the platform. This is likely to be a significant motivation for users to engage with Twitter more frequently and share more content.

However, some have raised concerns about the potential for this new revenue-sharing model to create conflicts of interest. If users are receiving a share of the revenue generated from ads they interact with, it could create a situation where they are incentivized to promote certain products or services, even if they may not believe they are the best option for their followers. This could lead to a situation where users are no longer trusted to provide impartial information, and their credibility could be called into question.

Despite these concerns, Twitter is moving forward with its new revenue-sharing model, and it is expected to be a game-changer for the platform. With this new initiative, Twitter aims to create a more sustainable financial model and incentivize users to engage with the platform more frequently. This is likely to have a significant impact on the platform's revenue, and it could help Twitter establish itself as a major player in the advertising space.

In conclusion, Elon Musk's announcement that Twitter will now share ad revenue with its blue subscribers is a major change for the platform. This new revenue-sharing model is expected to generate significant revenue for Twitter and incentivize users to engage with the platform more frequently. While there are concerns about the potential for conflicts of interest, the benefits of this new model are likely to outweigh any negative consequences. Overall, this move is likely to be a game-changer for Twitter, and it could help the platform establish itself as a major player in the advertising space.

A Twitter Blue subscription comes with exclusive features and perks, including the highly coveted verified check mark, the option to edit published tweets, and the ability to upload videos that are up to 10 minutes long. As of now, the premium subscription service costs $8 a month or $84 per year. (Those who subscribe directly through iOS pay $11 a month.)

Depending on how the ad revenue program works, subscribers may be able to recover the subscription cost through viral tweets. But, again, Musk and Twitter have yet to lay out any specific details, like how much of the revenue Twitter will share and how creators will get paid.

Musk reassured users he and his team will provide more information in the near future.

“More to come on this front,” he tweeted. “Twitter needs to be where a creator is most highly rewarded for their time & talent.”

More to come on this front. Twitter needs to be where a creator is most highly rewarded for their time & talent.

— Elon Musk (@elonmusk) February 3, 2023

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sanjay

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