Elon Musk’s Twitter could end up paying off for everyone
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(Pocket-lint) – Twitter owner Elon Musk has reportedly discussed putting the social network behind a paywall and it could still happen in the future.
Since Musk bought Twitter for $44 billion last month, the company has tossed around several money-making ideas. The latest is the redesign of Twitter Blue, with verification, fewer ads and more, although it was postponed after the midterm elections in the United States. But that’s not Musk’s only idea of how to make money from Twitter users.
According to a new report, Mr. Musk and his adviser David Sacks have already discussed what might come next, and the possibility of putting the entire social network behind a paywall cannot be ruled out. The plan would be to give everyone free access to Twitter for a limited time each month, and charge anyone who wants to go beyond that for continued access.
It’s unclear exactly how much Twitter would charge people to get behind the paywall or if the company would just reassign Twitter Blue, but it doesn’t look like change is imminent. As The Verge notes, what’s left of the Twitter team — about 3,700 people were laid off last week — is already hard at work implementing Musk’s plans.
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That doesn’t mean Musk and Sacks won’t back down on the idea of making Twitter pay in the future, though. Some people are already starting to delete their Twitter accounts since Musk took over, but the possibility of a paywall could help speed up this process.
Written by Oliver Haslam.