How Twitter's ad revenue collapsed after Elon Musk's takeover

Ireland News News

How Twitter's ad revenue collapsed after Elon Musk's takeover
Ireland Latest News,Ireland Headlines
  • 📰 i newspaper
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 89%

“We’ve had several advertisers, including with a mid-six-figure budget, decide to cut the Twitter share we allocated for new projects, because they don’t want their brand to be seen buying into the blue badge” 🔎 Analysis by stokel

“We’ve had several advertisers, including with a mid-six-figure budget, decide to cut the Twitter share we allocated for new projects, because they don’t want their brand to be seen buying into the blue badge,” says Tom Davenport, managing director at UK company Digital Marketing Specialist.

The arrival of Linda Yaccarino, a former NBC Universal executive with longstanding links to the advertising industry, as Twitter’s CEO in June has done little to quell the disquiet among advertisers. In part, that may be because publicly Ms Yaccarino appears to be little more than a bit-part player to Mr Musk, who still opines on major product developments and announcements.

“Overall, Twitter ads is much improved,” Mr Davenport says, pointing out he noticed a “dramatic improvement” in the performance of advertising campaigns he launched on the platform on behalf of clients from spring 2022.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

i newspaper /  🏆 8. in UK

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter loses nearly half advertising revenue since Elon Musk takeoverTwitter loses nearly half advertising revenue since Elon Musk takeoverElon Musk confirms the firm has a heavy debt load and income in June was not what had been expected.
Read more »

Scottish Government slashes spending on Twitter ads following Elon Musk takeoverScottish Government slashes spending on Twitter ads following Elon Musk takeoverThe Scottish Government has slashed its advertising spending on Twitter following the takeover of the social media giant by Elon Musk
Read more »

Elon Musk's xAI logo triggers massive design debateElon Musk's xAI logo triggers massive design debateThere's more than meets the I. xai
Read more »

Jeremy Vine receives libel payout from Twitter user who claimed he was accused BBC presenterJeremy Vine receives libel payout from Twitter user who claimed he was accused BBC presenterBBC radio presenter Jeremy Vine says he has secured a settlement from a Twitter user who wrongly identified him as the BBC presenter at the heart of the Huw Edwards row NickMDuffy reports
Read more »

BBC presenter unveils 'amazing' hair transformation as viewers blown awayBBC presenter unveils 'amazing' hair transformation as viewers blown awayRachel Burden delighted viewers with her new chic look as Twitter users rushed to compliment her.
Read more »



Render Time: 2025-03-13 03:31:27