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10 Percent Cut on Content Subscriptions After 12 Months
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Twitter plans to take a 10% cut from content subscriptions after a year.
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The new policy is expected to come into effect from May 2023.
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Creators can earn up to 97% of revenue on subscriptions during the first year.
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Twitter aims to incentivize creators to stay on its platform for the long term.
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The microblogging platform had launched its subscription service last week.
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The feature enables users to pay for exclusive content from creators.
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Creators can set their own subscription prices for the content.
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Twitter's subscription service will compete with Patreon, OnlyFans, and Substack.
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The platform will also offer Super Follows for fans to pay for exclusive tweets.
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The Super Follows feature is expected to roll out globally in the coming months.
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