It’s a done deal! Elon Musk, the newly appointed head of Twitter, has revealed that users who want the twitter blue tick account verification symbol would have to pay $8 per month. This happened only a few days after Musk’s 44 billion dollar takeover of Twitter.
Power to the people! Twitter blue check for $8/month, in a tweet the billionaire entrepreneur said the new idea will upend the platform’s iconic blue checkmark and will develop a new source of income for the website.
He also added in his reply to the original tweet that the new plan’s pricing would be adjusted by country proportionate to purchasing power parity and would also include priority in replying to and searching posts, which he called essential to defeat spam/scam.
He also said these Blue users would also get priority in replies, mentions, and Twitter search, and half as many ads. They would also have the ability to bypass paywalls for publishers willing to work with us, he said on Twitter.
As of right now, twitter blue check users aren’t required to pay anything to receive their badges instead, Twitter manually awards them to prominent users and public personalities so that users may be sure the messages are originating from a reliable source. People who don’t pay, as per reports, may lose their check marks, though Musk didn’t specify.
There would also be expanded video abilities, fewer ads, and the possibility for users to get a paywall bypass for publishers willing to work with us, he replied.
This will also give Twitter a revenue stream to reward content creators, Musk tweeted later on. Currently, Twitter Blue check gives users free, ad-free access to some news websites, including the LA Times.
In addition to providing verification rights, the new initiative would take over Twitter Blue check present features, which include, for example, the ability to modify tweets and are now accessible for $5 per month. The SpaceX and Tesla CEO suggested the $8 monthly price in a Twitter response to author Stephen King earlier on Tuesday. King was upset over rumors that now the verification service may cost $20 per month.
We need to pay the bills somehow!, he responded. Twitter cannot rely entirely on advertisers. How about $8?
He also said in response to certain Twitter users’ worries that their blue sign will lose its fame, A secondary tag below the name for someone who is a public figure, which is already the case for politicians.
Musk reposted tweets and responded to users who praised the notion of paid verification saying the move will destroy the bots.
If a paid Blue account engages in spam/scam, that account will be suspended, he tweeted.
The 51-year-old businessman has made significant changes at Twitter, including the recent dismissal of the entire board of directors, which includes CEO Parag Agrawal, as well as the proposal.
According to The Washington Post, Musk, whose current account bio says, Twitter Complaint Hotline Operator, plans to fire some 75 percent of his new company’s 7,500 employees.
Musk used a combination of his personal fortune, funds from other investment groups, and loans from banks that must be repaid to finance the enormous acquisition. Some advertisers, the company’s primary source of income at the moment, have expressed concern over his prior comments criticizing Twitter’s content control procedures as being overbearing.
Twitter users have voiced concern that it might become a major platform for hateful speech and misinformation. He made an effort to ease tension by assuring them that the site would not become a free-for-all hellscape, and announced the formation of a content moderation council.
As reported by DAWN, Twitter’s head of advertising, Sarah Personette, posted on Tuesday that she’d left her position last week, further raising questions for advertisers about how Elon Musk will transform the social media firm.
Personette, who served as chief customer officer, joins other officials out the door, such as Ned Segal, the chief financial officer, and Parag Agrawal, the former CEO of Twitter. Musk sacked both of them last week. An inquiry for comment was not immediately answered by Personette.
However, on October 30th, US Speaker Nancy Pelosi’s husband was harassed, prompting Musk to tweet an anti-LGBT conspiracy theory, which he later deleted.
