Twitter has previously confirmed it is exploring a paid subscription model for some features, and app researcher Jane Manchun Wong tweeted Saturday that she has found out how much it will cost and what it will be called. Twitter Blue, Wong says, costs $ 2.99 a month and includes an undo and tweets feature bookmark collections. Wong says it looks like Twitter is working on a tiered subscription model, which she says could mean a less cluttered premium experience for the top paying subscribers.
Twitter did not immediately respond to a request for comment from The edge on Saturday, but the company usually doesn’t confirm or comment on Wong’s typically accurate discoveries of new features before they launch.
Twitter has made a slew of new product announcements in recent weeks, updating warnings for potentially offensive tweets, improving the photo cropping algorithm so that ‘larger’ images can be fully displayed in users’ feeds, thus enabling Android users can search their direct messages and roll out a Tip Jar feature that allows users to make donations to certain creators, journalists, experts and nonprofits (although the latter privacy concerns about what user information is included, along with the tip).
And earlier this month, Twitter acquired Scroll, the $ 5 per month subscription service that removes ads from participating websites. With the Scroll announcement, Twitter also said it would phase out Nuzzle, a Scroll service that sent users daily email messages with top stories in their Twitter feeds.
In his profit report for the first quarter At the end of last month, Twitter had a profit of $ 68 million on sales of $ 1.04 billion. The company reported a 20 percent increase in the number of daily active users that can be monetized.
There’s no word yet on when a premium paid version of Twitter would launch, or who would be eligible.