Elon Musk-owned X to launch 3-tiered subscription system; Details here

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In a meeting with debt holders, CEO Linda Yaccarino confirmed that Elon Musk’s social media platform, X, will launch new subscription options. Twitter Blue, or X Premium, costs $8 per month. This will change with the addition of Basic, Standard, and Plus tiers.

Bloomberg reports that this multi-tiered approach aims to increase income by luring people who may not have considered the premium subscription. Elon Musk suggested a tiny monthly fee for all customers in a chat with Benjamin Netanyahu. This step addresses platform bots.

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A curious researcher, @Aaronp613, examined the latest X app code and found information regarding the three membership tiers. Basic, Standard, and Plus plans appear to have full advertisements, half, and no ads, respectively.

As part of its customer retention strategy, the platform is paying creators roughly $20 million (about Rs 166 crore).

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The social media network began compensating content creators with a piece of advertising revenue from ads displayed in response to their messages to verified users in July. Musk said the first payment, made in July, was $5 million.

Twitter’s new ‘Ads money Sharing Program’ for authors shares ad money with Indian and international users.

Conclusion:-

Twitter, formerly Twitter, will announce new subscription levels, including $8-per-month X Premium. The new Basic, Standard, and Plus tiers attempt to boost income and entice consumers who might not have considered the premium subscription. Elon Musk suggested a small monthly fee for all customers to battle bots. The Basic plan has full advertisements, the Standard half, and the Plus ad-free, according to a researcher. As part of its user retention strategy, Twitter is paying authors almost $20 million (about Rs 166 crore). The site began paying content creators a share of advertising income from ads displayed in response to their comments in July.

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