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Would you pay for Twitter?

PAID: Twitter

TWITTER CEO Jack Dorsey was recently questioned about whether he'd eventually monetize the app beyond advertising at the 2017 annual shareholders meeting on Monday (May 22) – and he didn’t shoot down the idea.

According to Recode, the Twitter team has “kicked around” the thought of a subscription model for the service for a while, with extra incentives for those paying users.

However, Dorsey is aware that at this time, it’s crucial for Twitter to remain a catalyst for today’s most important conversations and source of by-the-minute events and happenings around the world.

TWITTER: CEO Jack Dorsey

“We do believe that there is a real importance that Twitter is accessible to everyone in the world no matter what their economic stature is and where they are in life, so the general case has been to make Twitter free and open,” Dorsey said.

“We’re always talking with our customers around what could be and what they’d like to see, and this is an idea that has come up. We don’t have any particular plans to announce today but we’re always looking at those patterns, that feedback and understanding if it’s the right thing to do for the greater Twitter audience.”

Reuters initially reported in March that the company was considering creating a premium version of Tweetdeck for professionals for the first time. Throughout its 11-year history, Twitter’s free product has been supported by advertising.

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