Elon Musk, who bought Twitter last week, said Tuesday that he wants to increase subscriptions and make the social media platform less dependent on ads.
“Twitter’s current lords & peasants system for who has or doesn’t have a blue checkmark is bullshit. Power to the people! Blue for $8/month,” Musk said in a tweet. “Price adjusted by country proportionate to purchasing power parity,” he added.
Twitter’s current lords & peasants system for who has or doesn’t have a blue checkmark is bullshit.— Elon Musk (@elonmusk) November 1, 2022
Power to the people! Blue for $8/month.
Musk said: “You will also get priority in replies, mentions and search, which is essential to defeat spam/scam, ability to post long video and audio, half as many ads, and paywall bypass for publishers willing to work with us.”
“This will also give Twitter a revenue stream to reward content creators.”
Original Story (October 31, 2022): Twitter reportedly plans to charge $20 per month for verification
As reported by The Verge, sources with knowledge of the matter said that Twitter is getting ready to include verification badges in its premium subscription service Twitter Blue, which will get a big price hike soon.
According to the report, those who have already got their badges will be asked to subscribe to the service within 90 days or they’ll lose their blue checks.
In addition, the company reportedly told the team working on the upcoming version of the service that they would be fired if they don’t meet the November 7 deadline.
Twitter first introduced its Twitter Blue plan last year for $2.99, and later increased its price to $4.99 per month. The service, which is currently available in a number of countries including the US, Canada, Australia and New Zealand, gives users access to premium features such as the ability to read articles without any ads, and edit their tweets within 30 minutes after posting.
Twitter’s new “Chief Twit” has long been outspoken about his desire to make changes to the platform’s verification process and how it prevents bot accounts.
Yesterday, in response to a user who said he had trouble getting his account verified, Musk said that they’re revamping the whole verification process.