Twitter's ad sales have reportedly dropped by 59 percent since last year

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 ]

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Comics A-Z: Heroes Phyla-Vell to Treveny

This list highlights a hero for each letter of the alphabet. From Phyla-Vell to Alex Treveny, check out these comic book heroes. Continue reading at Book Riot

[ Book Riot | 2020-07-15 10:36:22 UTC ]
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Comics A–Z: Heroes From Farr to Jesus

This list highlights a hero for each letter of the alphabet. From Farr to Jesus, check out these comic book heroes. Continue reading at Book Riot

[ Book Riot | 2020-06-29 10:37:30 UTC ]
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Comics A–Z: Heroes of Comics

This list highlights a hero for each letter of the alphabet. From Alitha to Eijiro, check out these comic book heroes. Continue reading at Book Riot

[ Book Riot | 2020-06-23 10:36:24 UTC ]
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Brownstein Resigns From CBLDF Following Renewed Allegations

Charles Brownstein, executive director of the Comic Book Legal Defense Fund since 2002, has resigned from his position effective immediately following the resurfacing of allegations of sexual assault. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-23 04:00:00 UTC ]
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A Robert Kirkman Surprise: A New Walking Dead Story

The comic book’s creators will return for a one-issue story focusing on Negan, one of the villains of the series, in hopes of aiding comic book retailers. Continue reading at The New York Times

[ The New York Times | 2020-06-18 16:00:10 UTC ]
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Panel Mania: Jack Kirby: The Epic Life of the King of Comics by Tom Scioli

In the new graphic biography, 'Jack Kirby: The Epic Life of the King of Comics', comics artist and biographer Tom Scioli pays tribute to Kirby, arguably the greatest superhero comic book artist of all time. In this 11-page excerpt Scioli depicts Kirby’s life on the Lower East Side and the... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-17 04:00:00 UTC ]
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DC is making HBO Max-inspired comic books for some reason

In addition to its originals and exclusives, HBO Max now has an original digital comic book series as well. Warner Media partnered with DC Comics to publish To The Max, which tells stories about “everyday people achieving their maximum potential,” ac... Continue reading at Engadget

[ Engadget | 2020-06-15 18:28:41 UTC ]
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Struggling for Serenity: PW Talks to Jim Terry

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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The Week in Books LIVE: Sesame Street, Slenderman, and DJ Murakami

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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Socked by virus, comic book industry tries to draw next page

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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As brands block coronavirus, streaming app Newsy opens an ad slot free from bad news

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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Comic Creators Unite to Benefit Stores

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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4 Shout-Outs to Publishers Doing Their Part During the COVID-19 Outbreak | April 10

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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The comic industry would rather grind to a halt than go digital

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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New comic book shipments are delayed. But you can still support local comic shops

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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Albert Uderzo, a creator of the beloved comic book character Asterix, dies at 92

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 has been postponed amid coronavirus outbreak

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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PRH Audio partners with comic book publisher Rebellion

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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Making a living as a comic book artist

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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Springer Nature commits to become carbon neutral this year

​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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