Elon Musk tweeted on Saturday twitter to launch ad-free subscription tier
Twitter is targetting an advertising-free version of its subscription product,as the company tried to raise revenue and increase demand for its premium offering.
The Tesla CEO twitted:"there will be a higher priced subscription that allows zero ads"twitter relaunched it's premium offering for the second time under Musk in December, offering user perks including verified account status for $8(£6.50)a month on the web $11 a month for iPhone and Android phone users.
Musk aim to reduce twitter dependency on advertising as payment looms for an interest payment on $13bn of debt he loaded on the company as part of the takeover.according to reports,Twitter is due to make a quarterly payment of$300m this month.
Comments
Post a Comment