BY Bunmi Aduloju
Elon Musk, the billionaire founder of Tesla Inc., says Twitter will soon allow media publishers to charge users on per article basis.
Musk, in a Twitter post on Saturday, said the feature will be rolled out next month.
He explained that the new service will allow readers who do not sign up for a monthly membership to pay a higher per-article price for reading an occasional article.
“Rolling out next month, this platform will allow media publishers to charge users on a per article basis with one click,” the Twitter chief executive officer (CEO) tweeted.
“This enables users who would not sign up for a monthly subscription to pay a higher per article price for when they want to read an occasional article.
“Should be a major win-win for both media orgs & the public.”
In October 2022, Musk took over Twitter after completing a $44 billion deal.
For its blue tick mark, the microblogging platform started charging users $8 per month last year.
Earlier in the month, Musk had said users of the platform will be able to monetise their content, including long-form text and hours-long video.
Giving updates, the Twitter CEO, on Friday, said the microblogging platform will take a 10 percent cut on the content subscriptions after the first year.