announced Tuesday that it has acquired Revue, a platform that allows people to make editorial newsletters. “Revue will accelerate our work to help people stay informed about their interests while giving all types of writers a way to monetize their audience – whether it’s through the one they built at a publication, their website, on Twitter, or elsewhere,” the company said in a blog post. Revue allows people to create free newsletters but Twitter said that there will also remain an option for paid newsletters for those looking to generate revenue through their publications. “Bringing Revue to Twitter will supercharge this offering, helping writers grow their paid subscribers while also incentivizing them to produce engaging and relevant content that drives conversations on Twitter,” the company said in its blog post. Twitter is making Revue’s “pro” features available for free to all accounts and dropping the paid newsletter fee to 5%. The company didn’t disclose deal terms in the post. Twitter shares are up 0.9% in premarket trading Tuesday. The stock has dropped 2.4% over the past three months as the S&P 500
has risen 13.4%.