Twitter prepares to launch Ticketed Spaces, with a plan to take a 20% cut of the revenue as the company vies with Clubhouse for audio hosts
Spacesrevenue, after fees.
- Creators will have control over ticket prices and the number of tickets available.
- Both Twitter and
Clubhousehave partnered with Stripe to process payments to creators.
Twitter plans to start rolling out its Ticketed Spaces feature to a limited group of users soon, which will allow creators to charge for exclusive access to their content.
The company's planning to let hosts set their own ticket prices, with as much as 80% going to the host after
Hosts will also have control over the number of tickets available.
Twitter has been testing its Spaces audio-chat rooms since late last year, upping the company's competition against Clubhouse, the buzzy upstart, which has seen its growth fall off a cliff.
Twitter earlier this month expanded the rollout of its new feature, allowing users with more than 600 followers to host Spaces, which are akin to virtual conference rooms.
Both Twitter and Clubhouse have partnered with Stripe to handle payments for creators.
Clubhouse said in a blog post that Stripe would add a card-processing fee to the top of those payments, but otherwise 100% of the payment would go to the recipient. "Clubhouse will take nothing," the company said.
Twitter introduced Ticketed Spaces earlier this month in a series of tweets. It said: "[W]e're working on a way for hosts to be rewarded for the experiences they create and for listeners to have exclusive access to the convos they care about most. soon, we'll test ticketed Spaces with a small group where hosts can set ticket prices and quantity."
- Instagram's crisis highlights the bigger issues the entire ad industry is facing
- The 10-year Treasury yield will drop to 3.5% by the end of next year as the massive bond rally will continue, UBS says
- Exit polls predict BJP advantage in MP, Rajasthan, Congress win in Chhattisgarh, Telangana and tight contest in Mizoram
- International air travel penetration remains low in India: CAPA
- "Meeting friends is always a delight": PM Modi reacts to 'Melodi' selfie shared by Italian counterpart Georgia Meloni
- WhatsApp testing new feature that lets you search users by their username
- Delhi airport: Flights diverted due to bad smog, bad weather
- Meta expanding child safety measures as scrutiny mounts