Twitter Inc will charge $8 a month for its Blue service, which includes its sought-after “vindicated” emblem, new master Elon Musk said on Tuesday as he seeks to boost subscriptions and make the social media network less reliant on advertisements.
“Twitter’s current lords & peasants system for who has or does not have a blue checkmark is bullshit. Power to the people! Blue for $8/ month,” Musk said in a tweet, adding that the price will be acclimated by “country proportionate to copping power equality.”
A blue check mark next to a person’s stoner name on the social media platform means Twitter has verified that the account belongs to the person or company claiming it. Twitter is presently free for utmost users.
Billionaire Musk bought Twitter for $44 billion last week.
Since the preemption, he has moved snappily to put his stamp on the company, firing its former chief and other top officers.
Twitter’s advertising chief, Sarah Personette, twittered on Tuesday that she had abnegated her post last week, adding farther queries for advertisers.
Musk on Tuesday said subscribers with blue check marks would get precedence in replies, mentions, and search and would be suitable to post longer vids and audios. They would see half as numerous advertisements.
He also offered subscribers a paywall bypass from “publishers willing to work with us.”
Musk’s commentary follows media reports that he was looking at the process of profile verification and how the blue check marks were given. Twitter used to give these to noteworthy biographies grounded on its own criteria.
Further, then 80 Twitter druggies who took part in a recent bean said they would not pay for the checkmark. Some 10 said they were willing to pay $5 a month.
Twitter formerly has a subscription service called Twitter Blue, which was launched in June last time and offers access to features similar to an option to edit tweets.
Amid enterprise that Twitter may soon start charging vindicated druggies a yearly figure of $20 for blue ticks, bestselling author Stephen King twittered “If that gets introduced, I am gone like Enron.”
Independently, S&P Global Conditions downgraded Twitter to B-on “significant” debt increase following the accession.