Twitter plans subscription model after a massive revenue slump
Technology

Twitter plans subscription model after a massive revenue slump

After reporting Q2 earnings that showed a marked dip in ad revenue, Twitter has said its exploring alternatives, dangling the possibility of a subscription option. The social media giant reported ad revenues of $562M, down almost a quarter (23%) on a year ago as the pandemic and “civil unrest” had both contributed to the decline. Twitter CEO Jack Dorsey told investors it’ll likely run subscription “tests” this year

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Fri Jul 24 - Techcrunch

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