Elon Musk has confirmed that Twitter users paying an $8 monthly premium for Twitter Blue and still getting annoyed with ads will have the option to choose an ad-free experience next year.
What Happened: Responding to a user, who complained about paying for a Twitter Blue subscription and still seeing ads, Musk said Twitter's Basic Blue tier will have half the number of advertisements.
He further stated that the platform will offer an ad-free tier next year, albeit at a higher price.
Basic Blue will have half the number of ads. We will offer a higher tier with no ads next year.
— Elon Musk (@elonmusk) December 13, 2022
Musk did not give more details about the upcoming ad-free tier.
See Also: Twitter Rolls Out Elon Musk's 'Game Changer' Feature Globally — How You Can Make An 'Impact'
Why It's Important: Twitter re-launched the Twitter Blue subscription earlier today. The company earlier stated that people could subscribe to the revamped service by paying $8 per month through the web or $11/per month through Apple Inc.'s iOS.
In November, while defending his decision to sack almost 50% of the company's workforce globally, Musk said that the microblogging side witnessed a "massive drop in revenue" due to activist groups pressuring advertisers.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
