IBL News | New York
Twitter unveiled this month its new paid subscription service called “Super Follow”. It is due to be launched this year.
This feature will allow account holders to directly monetize their audience on Twitter by charging a monthly fee. This service will compete with existing services like Patreon and OnlyFans.
The “Super Follow” subscriptions will allow users to get exclusive content, deals, and community access to creators for $4.99/month. These subscriptions will include the option to “Cancel Anytime.”
Launched in 2006, Twitter recorded its first profit in 2018 and it expects to double its revenue in 2023.
Twitter also unveiled it was testing a live audio discussion service—similar to audio-only social network Clubhouse.