Twitter is reportedly working on a new paid subscription service ‘Twitter Blue’.
Subscription Service
According to App researcher Jane Manchun Wong, who first spotted the feature, says Twitter Blue will cost $2.99 . According to Wong, Twitter is working on a multi-tier subscription model. The top and most expensive subscription plan could offer a less-cluttered experience as well as newer features, according to The Verge.
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Twitter has not confirmed the feature, but Wong’s discoveries about upcoming and under-testing features are usually accurate.
It could contain features,
- Undo Tweets
- Bookmark collections.
Last year, Twitter CEO Jack Dorsey had hinted at plans to ask customers to pay for certain “aspects” of Twitter. It is worth noting that Twitter has already confirmed it is exploring subscription options on its platform.
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Twitter has introduced a few monetisation-focused options on its plans in the past few weeks. For instance, it said it would launch Super Follows that will allow Twitter users to charge their followers for exclusive and extra content. Just recently, it launched a Tip Jar feature to allow users to donate to content creators.
Aquistions
Twitter acquired Revue, a newsletter startup, intending to make money through subscriptions. Twitter has made a few acquisitions, to further boost the content creators ecosystem. Earlier this month, Twitter acquired Scroll news reader service. Scroll works with a handful of publishers, including BuzzFeed News, the Atlantic and USA Today. The platform offers stories from those publishers to paying customers. The stories don’t have ads, and Scroll shares some of the revenue with the publishers.
