Elon Musk announces new monetizing feature for Twitter where they take a 10% cut on content after 12 months

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The move is set to help the media publishers and content creators earn revenues in a recession infected economy

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Elon Musk aims at increasing the revenue of the micro-blogging platform and diversify its revenue resources

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Followed up by the Twitter Blue, this new move is expected to earn massive revenues for Twitter

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The way Elon Musk handled things at Twitter after the takeover was criticized by many including Jack Dorsey

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Since Musk took over Twitter in late October, it underwent significant changes like large reduction in its workforce

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Musk proposed a paid subscription model for Twitter, where users can pay $8 per month to obtain a blue checkmark

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Creators have been given the freedom to offer monthly subscriptions in the $2.99, $4.99, or $9.99 bracket

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