Elon Musk's Micropayments and Twitter's Pay-Per-Article Service Revolutionize News Publishing

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Source: Nieman Journalism Lab at Harvard
Elon Musk's Micropayments and Twitter's Pay-Per-Article Service Revolutionize News Publishing
Photo: Nieman Journalism Lab at Harvard
TL;DR

Elon Musk announced on Twitter that he will be rolling out a micropayments platform next month that will allow media publishers to charge users on a per-article basis with one click. This will enable users who would not sign up for a monthly subscription to pay a higher per-article price for when they want to read an occasional article. However, the idea of news publishers charging readers by the article is not a new one, and many micropayments-for-news startups have come and gone without gaining much traction. The biggest problem is Elon Musk's credibility with mainstream publishers, given his recent attacks on the media.

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