Feb 27, 2023

Here’s how every social media company is adopting subscriptions

Posted by in category: economics

For the longest time, social media companies have rallied on the fact that their service is “free” to use. All these companies banked on showing ads and getting some user data in return to let them use social networks without any charge. Now with declining revenues and tough global economic conditions, social networks are resorting to offering subscriptions in one way or another. These paid plans can get unlock features ranging from vanity checkmarks to exclusive stickers to increase in reach and more.

Twitter Blue.

Twitter first introduced its paid subscription in June 2021 in Canada and Australia later expanding it to the US and New Zealand.

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