CAREERS MAGAZINE | BE BRAVE
  • Advice
  • Opinion
  • Voices
  • Buy
  • Login

No products in the cart.

No Result
View All Result
CAREERS MAGAZINE | BE BRAVE
  • Advice
  • Opinion
  • Voices
  • Buy
No Result
View All Result
CAREERS MAGAZINE
No Result
View All Result

Why you may need to start paying to use Twitter

Yolisa Mkele by Yolisa Mkele
March 9, 2021
in Analysis, For You, Lifestyle, Money, News, Pop Culture, Sci-Tech, Technology, Voices
0
Why you may need to start paying to use Twitter
Share on FacebookShare on Twitter

The internet era has been defined by the idea of free content but it looks like times are a changing

WORDS BY: Yolisa Mkele 

Long long ago people had to pay for things. If you wanted information, you bought a newspaper. If you wanted to talk to your friends, you paid the phone company (well your parents did) and if you wanted to show people your pictures, you purchased a scrapbook. Those were the good old days before the internet came around and democratised everything. Well it looks like those good old days may be on their way back. Recently Twitter announced that it is mulling a new subscription model where users would pay for content.

In a move aimed at decreasing the platform’s reliance on advertising revenue, Twitter is toying with the idea of how to make a subscription service work. The basic idea seems to be to take a few leaves out of Only Fans and Patreon’s book by getting users to either tip certain content creators or get them to opt into paying a monthly subscription fee for exclusive content. According to Bloomberg.com another idea being touted is having users pay to access certain functions. Kind of like how Tinder ropes you into paying to see who likes you.

SEE ALSO: Everything you need to know about cryptocurrency

The move is just one of a number of manoeuvres major tech companies are making to revamp their business models thanks in part to pressure from activist investors. For example, streaming service Soundcloud also recently announced changes to their payout structure. According to Billboard.com from the first of April, the streaming giant will pay independent artists (those not signed to a record label) based on the number of listeners who actually listen to their music. The general practice among streaming companies is to pool all the revenue that all artists make on the platform and then split  it based on which artists are more popular. If you are a band like This Will Destroy You or Muni Long this means that despite your loyal following, you will end up competing directly with Drake for royalties. In Soundcloud’s new system a Soundcloud user’s subscription fee or ad revenue will be split between the artists that the user actually listens to.

All of this points to a move away from the exploitative models that have come to define recent times. The idea seems to be that creators ought to be paid for the work that we all love so much. Our convenience should not come at the expense of other and apparently some companies are starting to see that. 

SEE ALSO: To join the club or not: Is a Clubhouse invite worth the privacy flaws?

Tags: Digitaldigital creatorsSocial MediaTech

Related Posts

Death is inevitable, so you WILL need this.
Advice

Death is inevitable, so you WILL need this.

Why having your affairs in order in preparation for the event of your death is more important than you...

by CAREERS MAGAZINE
August 23, 2021
Maryline Mukwevho, 30, Internal Auditor
Finance

Maryline Mukwevho, 30, Internal Auditor

The Standard Bank Bursary Programme has quite a few success stories under its wings, one such story of 30-year-old...

by CAREERS MAGAZINE
July 12, 2021
Tshepang Mapiti, 24, Data Scientist
For You

Tshepang Mapiti, 24, Data Scientist

The Standard Bank Bursary Fund has changed many lives, not just of the students but of the families as...

by CAREERS MAGAZINE
July 9, 2021
Meet Brandon Brown, 33, Learning Partner
Advice

Meet Brandon Brown, 33, Learning Partner

Standard Bank’s Learnership Programme provides opportunities for young individuals to gain practical working experience and theoretical knowledge across various...

by CAREERS MAGAZINE
July 7, 2021
Next Post
The real estate climate is changing and millennials are at the forefront of it

The real estate climate is changing and millennials are at the forefront of it

CAREERS MAGAZINE

© 2021 CAREERS MAGAZINE | BE BRAVE

BE BRAVE

  • Opinion
  • Interviews
  • Advice
  • Tips & Tricks
  • Advice
  • Tips & Tricks
  • For You
  • Advice
  • Tips & Tricks
  • Advice
  • Tips & Tricks
  • Advice
  • Tips & Tricks
  • Food
  • Travel
  • Cars
  • Health
  • Sport
  • Pop Culture
  • Travel
  • Cars
  • Health
  • Sport
  • Pop Culture
  • Lifestyle
  • Food
  • Cars
  • Sport
  • Pop Culture
  • Food
  • Cars
  • Sport
  • Pop Culture
  • Food
  • Cars
  • Sport
  • Pop Culture

Follow Us

No Result
View All Result
  • Advice
  • Money
  • Voices
  • Checkout
  • Basket
  • Shop

© 2021 CAREERS MAGAZINE | BE BRAVE

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In