Per BI, BBC, Forbes, Zippa
CNN is Highly Unlikely to Pay for All Employees' $8/Mo Twitter Verification Costs
11/3/2022
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CNN said it was highly unlikely to cover verification costs for all employees. As per Zippa's estimate, the media company has 5,392 employees.
Since Elon Musk's $44 billion acquisition of Twitter, one of his newest moves was to charge an $8 monthly fee to verified members. As of 2021, there were 400,000 verified users on the platform.
Wedbush's forecast estimates a $5.8 billion 2022 revenue—equivalent to 2.4-3 million users paying the $8 monthly fee. Musk expected that service and another unknown addition called "X" to generate $10 billion in subscription revenue by 2028.
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