X is launching new ‘Premium+’ and ‘Basic’ subscription tiers | TechCrunch

X, formerly known as Twitter, is introducing two new tiers for its subscription offering in order to bring in additional revenue. The social media giant is adding a new Premium+ tier that costs $16 per month and offers the “largest reply boost” and removes ads from the For You and Following feeds. The tier also comes with revenue-sharing, along with access to other creator tools.

The second tier launching today is called “Basic” and costs $3 per month. The tier doesn’t come with a blue checkmark, but includes basic features like the ability to edit posts and post longer text and videos. It also offers a “small reply boost.”

Both of the new tiers are now available on the web.

This story is developing…