Technology • Internet & Web
2020-07-24T07:00:02+00:00

Twitter considers subscription options after ad revenue drop

Twitter is exploring additional ways to make money after reporting that advertising revenues fell 23% in the second quarter. Though the platform has been seeing a record user growth and reported its largest year-over-year increase, the platform is looking into options to supplement lacking advertising revenue.

CEO Jack Dorsey recently told investors that Twitter is looking onto running tests for a subscription model that would "complement" Twitter's ad revenue. "We have a really high bar for when we would ask consumers to pay for aspects of Twitter. We are in the very, very early phases of exploring," so Dorsey.

Pentributor:
Highly edible human, designer of all things digital, co-founder of Pendect, creative native, constant wa/onderer, morse code lady, full-time dog pillow.
Card reviewed by: @ericof