Musk says Twitter will charge $8/month for the blue tick

Musk says Twitter will charge $8/month for the blue tick
Musk says Twitter will charge $8/month for the blue tick

Nov 1 (Reuters) – Twitter Inc will charge $8 a month for its Blue service, which includes its sought-after “verified” badge, new boss Elon Musk said on Tuesday as he seeks to boost subscriptions and make the network more social media less reliant on ads.

“Twitter’s current system of lords and peasants for who does or doesn’t have a blue tick is bullshit. Power to the people! Blue for $8/month,” Musk said in a tweet, adding that the price will be adjusted by “proportionate country.” at purchasing power parity.”

A blue check mark next to a person’s username on the social media platform means that Twitter has confirmed that the account belongs to the person or business claiming it. Twitter is currently free for most users.

Billionaire Musk bought Twitter for $44 billion last week.

Since the takeover, he has moved quickly to put his stamp on the company, firing its former chief and other senior officials.

Twitter’s head of advertising, Sarah Personette, tweeted on Tuesday that she resigned from her post last week, adding further uncertainty for advertisers.

Musk said on Tuesday that subscribers with blue checkmarks would get priority in replies, mentions and search and could post longer videos and audios. They would see half as many ads.

It also offered subscribers paywall bypass by “publishers willing to work with us.”

Musk’s comments follow media reports that he was reviewing the profile verification process and how blue ticks were assigned. Twitter used to assign them to notable profiles based on its own criteria.

More than 80% of Twitter users who took part in a recent survey said they wouldn’t pay for the tick. About 10% said they were willing to pay $5 a month.

Twitter already has a subscription service called Twitter Blue, which launched in June last year and provides access to features such as an option to edit tweets.

Amid speculation that Twitter may soon begin charging verified users a $20 monthly fee for blue ticks, bestselling author Stephen King tweeted: “If this is instituted, I’m gone like Enron.”

Separately, S&P Global Ratings downgraded Twitter’s rating to B- due to a “significant” increase in debt following the acquisition.

Reporting by Yuvraj Malik in Bangalore; Additional reporting by Sayantani Ghosh in San Francisco Editing by Anil D’Silva and Matthew Lewis

Our standards: The Thomson Reuters Trust Principles.

. Musk says Twitter will charge month for blue check mark

. Musk Twitter charge #8month blue tick

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