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Bangkok Post
Bangkok Post
Business

Musk Hints at $8 a Month for Verified Twitter Accounts

Musk has said he wants Twitter to rely more on paid subscriptions than on advertising. (Photo: Reuters)

Elon Musk is looking to quickly boost Twitter Inc.'s revenue by embracing subscriptions, aiming to make the social-media company less dependent on digital ads as Madison Avenue signals a cautious stance toward the site after the billionaire's takeover.

Mr. Musk has been saying since before completing his $44 billion takeover of Twitter that it needs to rely less on the digital advertising dollars that account for nearly 90% of its total sales.

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