Twitter's purchase of Revue would help accelerate investment into products to better serve customers, Revue said in a tweet.
Photo:
Matt Rourke/Associated Press
Twitter Inc.
TWTR -0.46%
has reached a deal to buy newsletter platform Revue Holding BV, the companies said Tuesday, reflecting the interest among social-media companies in providing content creators with tools to make money.
Financial terms of the deal for Revue, a startup founded in the Netherlands in 2015, weren't disclosed.
"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," said Twitter's product chief,
Kayvon Beykpour,
and vice president of publisher products,
Mike Park,
in a blog post.
Revue said in a tweet that Twitter's purchase of the company would help accelerate investment into products to better serve customers.
Write to Bowdeya Tweh at Bowdeya.Tweh@wsj.com
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