Three months after unveiling the functionality, the company began public testing of Ticketed Spaces in August of last year. It was essentially a means for authors to hide audio discussions behind a paywall. An industry expert may give a TED-style lecture from home, while a celebrity could conduct conversations with their most ardent admirers. Notably, Twitter’s potential profit was quite low – it would require only a 3% reduction from sales below $50,000 and a 20% cut from demand over that. Even if that charge included Apple and Google payments, it still meant that hosts would keep the majority of the income.
