Twitter to share ad revenue with some content creators
Twitter will start sharing revenue from advertisements with some of its content creators, Chief Executive Elon Musk has said.
Effective Friday, February 3, 2023, revenue from ads that appear on a creator's reply threads, will be shared. According to Musk, the user must be a subscriber of Blue Verified.
Musk, however, did not give details about the portion of revenue that would be shared with users.
Twitter has seen advertisers flee amid worries about Musk's approach to content moderation rules, impacting its revenue.
Days after taking charge of the company, Musk said Twitter had seen a "massive" drop in revenue and blamed activist groups for pressuring advertisers.
As Twitter CEO, Musk has focused on reducing costs and introducing new plans for Twitter Blue subscription service, which offers the sought-after "verified" badge.
Separately, Musk said on Friday that legacy Blue Verified would be scrapped in a few months as it was "deeply corrupted".
Source: reuters.com
Trending News
Dr. Siaw Agyepong spreads love on New Year's Day as over 4,000 people receive donations to enjoy festive seaon
11:04#2024Polls: Ayikoi Otoo slams NPP's legal team for excluding NDC candidates in mandamus application
19:16NPP MPs advocate for OPK’s inclusion in Minority's Whip team
09:46#2024Polls: NDC frowns on EC's decision to re-run in Dome-Kwabenya
19:16Ghana Fire Service douses inferno at Katamanto market
09:32MTN Ghana Foundation presents hampers to babies born on 2024 Christmas Day in Volta Region
17:29President-elect calls for prayers and unity to help address Ghana’s challenges
09:17Appoint 'brutal’ OPK as Whip – Carlos Ahenkorah urges NPP leadership
17:1510 junior police officers to re-file case against IGP
07:50#2024 Polls: Supreme Court overturns re-collation results in Techiman South, Tema Central, 2 others
21:03