Twitter to shut down newsletter product Revue next year

Klarsen SA

14/12/2022 18:02

Dec 14 (Reuters) - Twitter said on Wednesday it will
discontinue its newsletter product Revue next year, days after
owner Elon Musk said he was open to buying rival online
publishing platform Substack.
    The social media platform bought Revue in 2021 for an
undisclosed sum amid a larger boom for newsletters during the
pandemic, and as it sought to attract users who wanted to make
money from their followers.
    At the time, Twitter had said Revue's premium features would
be free for all users and that it would lower the paid
newsletter fee to help writers retain more of the revenue
generated from subscriptions.
    "This has been a hard decision because we know Revue has a
passionate user base, made up of people like you," Twitter said
in a post to users. 
    "We'll cut to the chase: from January 18, 2023, it will no
longer be possible to access your Revue account. On that date,
Revue will shut down and all data will be deleted."
    Revue was founded seven years ago in the city of Utrecht in
the Netherlands.
 (Reporting by Eva Mathews in Bengaluru; Editing by Devika
Syamnath)
 ((Eva.Mathews@thomsonreuters.com;))