Elon Musk said a monetization model is coming “for all forms of content” on Twitter.
He said on Saturday that the forthcoming model intends to surpass YouTube’s present creator charges.
He additionally introduced incoming content material codecs like including “long-form text to tweets” and longer video.
Elon Musk said Twitter is prone to roll out monetization “for all forms of content” on the platform within the coming weeks.
The billionaire, who officially took over at the helm of the social-media firm earlier this week, said this weekend that new content material codecs are coming, adopted by a monetization model for creators. He added that Twitter plans to surpass YouTube’s present charge, which pays creators 55% of whole advert income generated from their movies.
“We can beat that,” Musk tweeted in response to Quinn Nelson, an influencer, referring to YouTube’s present model.
Musk said there will probably be extra info to share about monetization in two weeks. The feedback got here after he also announced Twitter “will soon add ability to attach long-form text to tweets,” an addition he said will finish the “absurdity of notepad screenshots.”
An up to date app description for Twitter within the Apple App retailer that appeared Saturday additionally pointed to new features like longer-format video and “priority ranking for quality content.” The replace included what gave the impression to be a rollout of Musk’s divisive authentication blue-check subscription plan, which is able to value $7.99.
“If twitter could handle the full-length feature videos that I produce and can offer a similar monetization system like YouTube does, I would consider uploading my full videos here too for sure,” Tim Dodd, the creator generally known as Everyday Astronaut, wrote on Twitter.
Twitter presently presents two video-monetization applications “Amplify Pre-Roll” and “Amplify Sponsorships” for advertisers, in response to its website.
Read the unique article on Business Insider