Twitter owner, Elon Musk, said content creators will now be able to earn money from the platform as it begins ad revenue sharing.
With this, Twitter will be competing with the likes of YouTube, TikTok, among other social media platforms that have been rewarding content creators through ad revenue sharing.
However, the Twitter CEO noted that only Twitter Blue Verified content creators are eligible for the newly introduced revenue sharing model. This means that to benefit from this arrangement, a content creator on Twitter must be paying the $8 monthly subscription.
The announcement: While Musk said the ad revenue sharing with content creators began from Friday, February 3, 2023, Twitter has yet to release the ad sharing formula.
Announcing the development on Friday via Twitter, Musk said:
