Twitter is strongly considering charging verified users $19.99 per month to use Twitter Blue, according to reports in The Verge and Platformer, as Elon Musk seeks alternative ways of picking up more revenue.
According to the reports, which broke yesterday, Musk, who is expected to set out more layoffs this week, has tasked staff with updating Twitter Blue and quadrupling the subscription price from its current level of $4.99 per month.
If staff fail to update by November 7, they could lose their roles, according to the reports. Twitter Blue is a feature for verified users, those with a blue tick, that unlocks additional features.
Under Musk’s plan, these thousands of verified users would have 90 days to subscribe to the new versions or lose their blue tick – seen as a badge of honor in many professions.
Read more on deadline.com
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