Twitter owner Elon Musk said Saturday that next month the social network will allow news outlets to charge users to read their articles when they click on links.
Musk had anticipated this month that users could soon offer content subscriptions, including text and video, and that he planned to charge 10% of the revenue from that service after an initial 12 months.
In his message today, the businessman considered that the measure for the media will lead users who do not have “a monthly subscription” to “pay a higher price per article” when they want to read only occasionally.
The company, which has been looking for ways to increase its revenue, considered the article monetization initiative to be a “win-win” situation for both the media and the public.
Musk, who bought Twitter a little over a year ago, has taken high-profile steps such as changes to the Twitter Blue subscription, which under his leadership became paid when it was previously offered free to personalities and organizations.
The entrepreneur also laid off 80% of its workforce, auctioned off its office furniture and recently announced that it would limit access to its application programming interface (API) – software tools that allow outside researchers and developers to collect and analyze data. and that will charge a fee in most cases.
