Twitter has announced plans for a new “super follow” feature which will enable account holders to charge for exclusive additional content.
This could take the form of extra tweets, joining a community group or receiving a newsletter, the firm said.
Twitter unveiled its plans at a virtual event held for investors. It’s the first time in a while that the platform has announced significant changes to the way in which people can use it.
It also said it was testing a live audio discussion service – which has proved popular on a new rival, the audio-only social network Clubhouse.
Twitter founder Jack Dorsey said, “Why don’t we start with why folks don’t believe in us. It comes down to three critiques: we’re slow, we’re not innovative, and we’re not trusted.”
Twitter, which was launched in 2006 and recorded its first annual profit in 2018, said it hoped to double its revenue in 2023. The news has received a mixed reaction among Twitter users.