Elon Musk, the CEO of Twitter announced that its users, particularly content creators can now earn from posting content on the platform.

“Content creators can now enable subscriptions to their text, pics, and videos worldwide on this platform,” he said.

The social media platform noted that, for content creators to offer followers subscriptions of any material, from long-form text to hours-long video, tap the “Monetisation tab” in settings to apply.

However, these features have for the longest time had no particular functions, which raised concerns among Twitter users.

Related News

The Twitter CEO added that the content creators would receive all the money earned from their posts for the first 12 months.

Read also: Former Twitter CEO launches alternative platform, Bluesky

“After the first year, iOS and Android fees drop to 15 percent and we will add a small amount on top of that, depending on volume.”

“We will also help promote your work. Our goal is to maximize creator prosperity. At any point, you can leave our platform and take your work with you. Easy in, easy out,” he said.

More from our Technology Column
Read Next
20230501_155013_0000

Digitalisation has democratised media landscape for content creators — Adeola Fadola

By Anthony Udugba • May 1, 2023

Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp