Twitter has finally disclosed details surrounding Elon Musk’s February 2023 announcement that users would be able to monetize content shared on the social media network.
According to The Verge, some well-known creators are receiving an update that they could see funds in their account “within the next 72 hours,” based on ad revenue associated with their tweets.
At this time, the revenue-sharing program is only available to people who have subscribed to Twitter Blue, the infamous program launched by Musk, which ultimately took away legacy verified accounts and required users to pay for their verification status instead.
The Payment Process
Tom Warren, a Verified Twitter Blue user and editor of The Verge, shared a note he received from the platform that read: “We want to make sure you can benefit from your posts as a Creator, and this is yet another step towards that goal. You will receive your share via the Stripe account you used to register for Creator Subscriptions in the next 72 hours.”
Twitter is starting to share a portion of ad revenue with creators. This has long been promised, so it’ll be interesting to see what the cut of revenues are actually like pic.twitter.com/jHBxN2gCRK
— Tom Warren (@tomwarren) July 13, 2023
Who Is Eligible?
According to The Verge, the program is ad-driven, and at this time payment amounts range from a reported “few thousand dollars to nearly $40,000.” Accounts eligible to receive the payments must have a minimum of 5 million impressions on tweets shared within the past three months.
As previously reported by AfroTech, Twitter has been in an interesting space with similar platforms Meta’s Threads and Spill emerging and users flocking to the competition over grievances held with the platform’s sudden changes.