In context: Twitter is making major plays at turning its microblogging platform into a legitimate content cosmos tool. Updates to Spaces gives larger accounts the power to monetize their audio content and keeps pressure level on rivals such every bit Clubhouse.

Twitter today appear that it's expanding its live audio rooms called "Spaces" to more accounts. Whatsoever business relationship with more than than 600 followers is at present eligible on either iOS or Android whereas before information technology was simply available to a select "feedback group." The company is also introducing a few more features like a ticketing organisation, improved live captioning, and scheduling.

Spaces is like to other audio-only social platforms similar Clubhouse that let a group of people to talk among themselves while others mind in. It'due south a format that'south ideal for ad-hoc podcasts or interviews.

Twitter says it landed on the 600 follower number because "these accounts are likely to have a skillful experience hosting live conversations because of their existing audition."

Twitter will too permit creators to monetize Spaces via a ticketing arrangement. A host tin can set up ticket prices and availability, pregnant that merely a select corporeality of people volition able to tune in on that particular Spaces session. Twitter says that hosts will earn a "majority" of the revenue from ticket sales, while Twitter volition keep a small percent.

Music artists could unveil a new song via Ticketed Spaces to create hype and earn money. Pop celebrities could chat with a select group of paying fans.

Other new features rolling out to Spaces include support for co-hosts and the ability to schedule or set reminders almost upcoming events.

Additionally, Twitter is improving its live captions past allowing them to be paused or customized to be more authentic. This is of import because Clubhouse, which is Spaces biggest competitor, doesn't offer captioning at all however.

Twitter seems to be moving forrad with making the site a place for genuine content creation rather than simply tweeting. The ability to monetize Spaces could become a long fashion to pulling people away from Clubhouse and other competing platforms.