![]() ![]() ![]() However, Fox said there's a reason it wasn't framed as a free product. The social media company said it would temporarily waive fees on its creator monetization products. "Putting fee structures around this stuff now is the hedge against that scenario." ![]() "Every platform CEO thinks: what if direct, platform-facilitated creator monetization explodes as a market? What if it goes from a niche offering to a massive revenue driver comparable to or larger than advertising is today? What if we miss it?" Fox later added in an email. But it appears creator cuts won't make a material impact on the company's revenue anytime soon.Īll of Twitter's current bets in the creator space can be thought of as a type of insurance or a hedge, in case there is a smart way to make money through creator cuts (aside from advertising), Laundry Service head Jordan Fox told CNBC. Personal Loans for 670 Credit Score or LowerĪll of this comes after the company set an ambitious goal to double its revenue by the end of 2023 and grow its user base to 315 million daily active users. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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