Twitter has announced that it is acquiring Scroll, a service that removes ads from participating news sites for a monthly subscription.
The social media giant says it will include Scroll as part of an upcoming subscription offering that will incorporate its recently acquired Revue newsletter service.
“As a Twitter subscriber, get access to premium features where you can easily read articles from your favorite news outlet or a Revue writer’s newsletter, with a portion of your subscription for the editors and writers who create the content.” Twitter is described in a blog post.
Scroll will temporarily pause new subscriptions as a result of the acquisition, but nothing will change for existing subscribers.
Twitter notes that it will continue to support the existing community of subscribers and publishers on Scroll and that new posts interested in joining can sign up for updates.
Current Scroll Registered Editors Include USA Today, The edge, The Atlantic and more. The argument for Scroll’s business model has been that its users send more money to publishers through its service than ad views.
Twitter did not disclose the financial details of the acquisition.