Twitter Is Shrinking: Web Visits Down 7.3%, App Usage Dropping

Re:Twitter Is Shrinking: Web Visits Down 7.3%, App Usage Dro... by matthewdgreen on Friday April 21, 2023 @03:32PM (#35658852)

Estimates from February had around 300,000 users or about $28m of revenue per year [0]. The acquisition costs alone added $1bn to Twitter's expenses. Maybe those numbers have improved a little since February, but they'll have to improve a lot to bring Twitter into the black. And asking people for $96/yr (or $132 on iOS) isn't going to be easy when usage is going down and the content producers are leaving. For a comparison, in 2021 Twitter made net revenue of $1.57bn, mostly from advertising.

[0] https://en.as.com/latest_news/how-many-people-have-subscribe...

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Re:Twitter Is Shrinking: Web Visits Down 7.3%, App Usage Dro... by aliraheem on Friday April 21, 2023 @03:37PM (#35658911)

Ultimately, they need to monetize.

This is just my prediction of how they will do it. And it capitalizes on the same processes as Twitch, YouTube, etc.

You will be able to pay one offs for a tweet you like, like Reddit gold. Or generally buy them a month.

If 100 of Kim K's 75million followers buy her a single month thats over 8 years of bluetick for her.

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