RAMROD 117,140 Posted July 24, 2020 Share Posted July 24, 2020 Twitter (TWTR) is actively exploring additional ways to make money from its users, including by considering a subscription model, CEO Jack Dorsey said Thursday. The move comes as Twitter suffers a sharp decline in its core advertising business. Twitter says it's looking at subscription options as ad revenue drops sharply "You will likely see some tests this year" of various approaches, Dorsey told analysts on an investor call held to discuss the company's second quarter earnings results. Dorsey said he has "a really high bar for when we would ask consumers to pay for aspects of Twitter," but confirmed that the company is seeking to diversify its sources of revenue in what are "very, very early phases of exploring." Earlier this month, rumors flared about a paid Twitter option after the company posted a job opening focused on building a subscription platform codenamed "Gryphon." Twitter's stock surged at the time, signaling investor appetite for the company to find new revenue streams. Shares of Twitter rose 4% in early trading Thursday following the earnings results. Like its rival social networks, Twitter has focused on offering a free service and making money by allowing brands to target ads to its millions of users. Twitter's growth plans are under close scrutiny as many advertisers pull back due to the pandemic. On Thursday, Twitter reported second-quarter ad revenues of $562 million, a 23% decrease compared to the same quarter a year ago. The company has also been hit by advertisers participating in an ad boycott of social media, linked to the nationwide racial justice protests. But Twitter executives declined to say how much of an impact the boycott has had on Twitter's business. Source: https://edition.cnn.com/2020/07/23/tech/twitter-subscription-earnings/index.html Will you still use twatter when you have to pay to use its service? (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
Doot 2 Posted July 24, 2020 Share Posted July 24, 2020 HA! Twitter stans are going to have MELTDOWNS and we love to see it. Link to post Share on other sites More sharing options...
Pop Music 20,540 Posted July 24, 2020 Share Posted July 24, 2020 what would you get if you paid??? Pop Music and Lady Gaga forever! Link to post Share on other sites More sharing options...
The Fame 4,288 Posted July 24, 2020 Share Posted July 24, 2020 1 minute ago, RAMROD said: Will you still use twatter when you have to pay to use its service? I don't even use it now when it's free. Link to post Share on other sites More sharing options...
EuphoricVibez 9 Posted July 24, 2020 Share Posted July 24, 2020 6 minutes ago, Doot said: HA! Twitter stans are going to have MELTDOWNS and we love to see it. We absolutely do! He/him/his Link to post Share on other sites More sharing options...
weed 78,977 Posted July 24, 2020 Share Posted July 24, 2020 who tf is gonna pay so they can tweet "I just farted and it scared my dog" Link to post Share on other sites More sharing options...
Born in Chromatica 7 Posted July 24, 2020 Share Posted July 24, 2020 NOOOOO, pay for Twitter?? NOOOOOO, how will I survive?? FaShIoN iS mY pAsSiOn! Link to post Share on other sites More sharing options...
Twitter 14 Posted July 24, 2020 Share Posted July 24, 2020 8 minutes ago, RAMROD said: Will you still use twatter when you have to pay to use its service? Y’all better. Link to post Share on other sites More sharing options...
SLAG 7 Posted July 24, 2020 Share Posted July 24, 2020 R.I.P Twitter Link to post Share on other sites More sharing options...
RAMROD 117,140 Posted July 24, 2020 Author Share Posted July 24, 2020 2 minutes ago, Twitter said: Y’all better. (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
Lighter 15,378 Posted July 24, 2020 Share Posted July 24, 2020 Facebook looking cute right now Link to post Share on other sites More sharing options...
RAMROD 117,140 Posted July 24, 2020 Author Share Posted July 24, 2020 9 minutes ago, Pop Music said: what would you get if you paid??? That is TBA so far. (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
ThisGuyTony 34,969 Posted July 24, 2020 Share Posted July 24, 2020 Charge Trump $100 per Tweet, maybe they’ll make money then. Link to post Share on other sites More sharing options...
RAMROD 117,140 Posted July 24, 2020 Author Share Posted July 24, 2020 Just now, Lighter said: Facebook looking cute right now Nah, too much white supremacists there Go to IG (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
RAMROD 117,140 Posted July 24, 2020 Author Share Posted July 24, 2020 Just now, ThisGuyTony said: Charge Trump $1,000 per Tweet, maybe they’ll make money then. FixedT. (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
Featured Posts
Archived
This topic is now archived and is closed to further replies.