Twitter's advertising revenue is down 59 percent during a five week stretch between April 1st and early May compared to the same period last year, The New York Times has reported. It regularly falls short of sales projections, and things aren't likely to change soon (apparently despite the arrival of new CEO Linda Yaccarino), according to Twitter employees and documents seen by the NYT. Musk previously said that Twitter was on track to post $3 billion in 2023 revenue compared to $5.1 billion in 2021. Last March, he stated Twitter was worth $20 billion, less than half the $44 billion he paid for it.In a Twitter Space last week, Musk said "half our advertising" disappeared, blaming advertisers in Europe and North America who have put "extreme pressure" on the company. "They are trying to drive Twitter bankrupt," he added.However, Twitter's ad sales staff is worried that advertisers have been scared off by a rise in hate speech and pornography, along with a surfeit of ads for things like online gambling and marijuana products. Since Musk took over Twitter, he has taken actions like firing key sales executives and reinstating banned users. That prompted ad agencies and brands including GM and Volkswagen to pause ad spending. Other advertisers including Apple, Amazon and Disney have reportedly been spending less on advertising than last year, employees told the NYT. It cited an example of large banner ads used to promote things like events or new movies (that can cost up to... Continue reading at 'Engadget'
[ Engadget | 2023-06-06 09:25:43 UTC ]
The comic book artist explains the triumphs and challenges he experiences while drawing his own life's story in the graphic memoir 'Come Home, Indio.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-12 04:00:00 UTC ]
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Featuring the good news and the bad news from the week in books, the big titles everyone is talking about, the best reviewed books, adaptation news, and more… From Book Marks editors Dan Sheehan and Katie Yee. Discussed in this week’s episode: Haruki Murakami’s lockdown radio show Barnes &... Continue reading at Literrary Hub
[ Literrary Hub | 2020-05-15 08:49:00 UTC ]
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The comic book shop has long been a wall-to-wall repository for tales of world-threatening cataclysms and doomsday dystopias but it has never before been drawn into a fight for survival like the coronavirus pandemic Continue reading at ABC News
[ ABC News | 2020-05-01 08:02:52 UTC ]
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Digital publisher develops commercial break that avoids pandemic stories, as industry struggles with skittish advertisers. Continue reading at Advertising Age
[ Advertising Age | 2020-04-17 17:36:26 UTC ]
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A large group of comic book creators will be using Twitter to auction books, art and more to benefit stores upended by the coronavirus pandemic. Continue reading at The New York Times
[ The New York Times | 2020-04-14 13:49:17 UTC ]
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Here we are in week three of our new (hopefully short-lived) weekly roundup of praise for publishers doing their part to give back to their communities and readerships during the COVID-19 pandemic. It’s heartening to see publishers act selflessly, despite the challenges their own businesses and... Continue reading at Folio Magazine
[ Folio Magazine | 2020-04-10 13:51:46 UTC ]
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Wednesday is usually New Comic Book Day but, with everyone on lockdown due to coronavirus, this week’s selection was a little light. The main distributor, Diamond, ceased shipments both to and from its warehouse — a seemingly logical move given that... Continue reading at Engadget
[ Engadget | 2020-04-02 17:30:13 UTC ]
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Diamond Comic Distributors has announced it will not be shipping new comic books to retailers "until further notice" due to the coronavirus outbreak. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-03-25 00:11:33 UTC ]
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His character Asterix captured the spirit of the French of the 1960s and grew into a worldwide phenomenon. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-03-24 22:57:45 UTC ]
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Free Comic Book Day, which is usually held in May, has been postponed until the summer because of the coronavirus outbreak. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-03-19 23:32:50 UTC ]
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Penguin Random House UK has announced a new partnership between its audio division and Rebellion, a publisher of comic books, fiction and video games, in response to increasing demand for science fiction audio. Continue reading at The Bookseller
[ The Bookseller | 2020-03-18 22:09:16 UTC ]
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I draw, write, speak about, teach, facilitate and organise events about comics. After graduating with a degree in Social Anthropology from the University of Sussex, I attended art college and worked as a freelance illustrator. In 2008, I began to incorporate comics into my practice. I also... Continue reading at British Council global
[ British Council global | 2020-03-11 13:11:13 UTC ]
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Publisher Springer Nature has committed to becoming carbon neutral for its business operations and employee flights by the end of 2020. Continue reading at The Bookseller
[ The Bookseller | 2020-03-04 15:14:53 UTC ]
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The Comic Book Legal Defense Fund plans to create the Rory D. Root Comics Ambassador Grant, a program designed to support community building by retailers, named in honor of the late Rory Root, an influential Berkeley comics retailer noted for his pioneering embrace of book trade practices and... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-25 05:00:00 UTC ]
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Sensible Footwear: A Girl’s Guide by Kate CharlesworthMy favourite place to be is partway through a book that I have just realised is becoming an all-time favourite. This month, it happened with Kate Charlesworth’s graphic memoir, Sensible Footwear: A Girl’s Guide, a political history of gay... Continue reading at British Council global
[ British Council global | 2020-02-14 09:49:28 UTC ]
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JOHN VERCHER’S TAUT, impressive debut crime novel, Three-Fifths, follows Bobby Saraceno — a mixed-race man living a lie. Saraceno has spent his life passing as a white man, raised by his racist maternal grandfather in Pittsburgh. Bobby’s kept his true self hidden from everyone, even his fellow... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2020-01-29 13:30:35 UTC ]
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A new comic book series imagines that Nancy has been killed, infuriating some fans of the unstoppable teen detective who made her debut 90 years ago. Continue reading at The New York Times
[ The New York Times | 2020-01-25 19:16:28 UTC ]
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The author’s latest comic book endeavor adapts a short story, “The Sacrifice of Darkness,” from her 2017 collection “Difficult Women.” Continue reading at The New York Times
[ The New York Times | 2020-01-24 18:30:05 UTC ]
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A new story will reveal more about the characters before the Amazon Prime TV superhero series returns this year. Continue reading at The New York Times
[ The New York Times | 2020-01-23 18:30:05 UTC ]
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Canadian independent publisher (and bookstore!) Biblioasis has printed up a limited run of indie bookseller trading cards, featuring heroic comic book portraits of prominent booksellers. Why? Well, for starters, this week is the annual independent booksellers conference in Baltimore, the ABA’s... Continue reading at Literrary Hub
[ Literrary Hub | 2020-01-21 13:40:31 UTC ]
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