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Twitter is reportedly struggling to break even as advertisers continue to flee

Twitter’s ad business is reeling, with its daily revenue reportedly falling by 40 percent from a year ago. According to The Information, over 500 of the company’s top advertisers have paused spending on the platform since Elon Musk’s October takeover. Despite that, Twitter is still attracting... Continue reading at 'Engadget'

[ Engadget | 2023-01-18 18:54:25 UTC ]
More news stories like this | News stories tagged with: #conde nast #usa today #paying $1 #ad business

What Are They Thinking? F.T.‘s ’Emerging Markets'

Few C.E.O.s can claim to head a one-billion dollar publishing company. John Ridding secured that status last week as the Financial Times chief executive saw Japan&rsquo;s financial news giant snatch The F.T. away from Axel Springer, paying $1.3 b ... Continue reading at 'Editor & Publisher'

[ Editor & Publisher | 2015-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #paying $1 #axel springer #emerging markets

Gannett Buying Belo in $2.2 Billion Deal

Gannett, best known as the newspaper publisher behind USA Today, is making a big bet on TV: It is paying $1.5 billion, and taking on $715 million in debt, to acquire local station owner Belo Corp. If the deal gets regulatory approval, Gannett will nearly double its portfolio of TV stations from... Continue reading at 'AllThingsD'