Twitter’s $3 Subscription now costs $5 a month. The social network has sent out an email to existing subscribers that Twitter Blue has increased the price for new members, but for those who sign up early, the monthly amount they pay will remain the same until the end of the month. October. In email Sent by social media consultant Matt Navarra and was first discovered by The VergeThe company says early adopters will also be notified at least 30 days before the new monthly rates go into effect for their accounts.
The company didn’t specify the reason behind the price increase, and only said in an email that it would help Twitter build the new features subscribers requested, improve the ones it already has, and uphold its mission of supporting Twitter. press assistance. It also says that it’s currently creating an “easier reading experience” and rolling out new experimental features in Twitter Blue Labs for those who choose to access even the higher subscription price.
Twitter launched its subscription service in the US in November, unlocking additional features for the site’s most dedicated users. Some of its features can be very useful, including the ability to Undo a tweet, which is the closest thing to an “edit” button at the moment. It also allows members to browse news without ads and gives them access to the latest features the site is testing.
In its second quarter earnings report for 2022, Twitter said it saw a sharp increase in number of regular users on the site. The bad news is that it doesn’t bring in more money for the company. It posted a net loss of $270 million, which it blamed on the economic downturn and uncertainty surrounding Elon Musk’s takeover. If you recall, Musk recommend to buy Twitter for $44 billion in April and the social network was quickly adopted, but they have been at odds ever since. In July, Twitter sue Elon Musk for trying to back out of the acquisition, and now the two parties will face off in a 5-day accelerated trial starting in October.
All products recommended by Engadget are curated by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.