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 ]

Other news stories related to: "Twitter's ad sales have reportedly dropped by 59 percent since last year"


Fox, Newsmax, and the danger of low expectations

On Thursday night—in the hours after President Trump’s lawyers Rudy Giuliani and Sidney Powell convened a press conference and laundered spectacularly-deranged voter-fraud conspiracy theories involving Hugo Chávez, George Soros, and the Clintons—Tucker Carlson, the Fox News host, said on air... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-11-23 13:19:50 UTC ]
More news stories like this


16 Best Gifts for Comic Book Lovers

From aparrel to toys to other merch (but no comics!), these best gifts for comic book lovers are sure to make their hearts go kablam. Continue reading at Book Riot

[ Book Riot | 2020-11-09 11:34:00 UTC ]
More news stories like this


The twisted history of Pepe the Frog’s journey from lovable cartoon to alt-right mascot

The documentary ‘Feels Good Man’ charts the very unusual (and disturbing) history of how Pepe the Frog went from cute character to meme to symbol of hate. In 2005, artist Matt Furie published the first edition of Boy’s Club, a comic book starring four friends living in the hedonistic and aimless... Continue reading at Fast Company

[ Fast Company | 2020-10-19 08:00:52 UTC ]
More news stories like this


8 Great Novels Inspired By Comics

Want to read more about some of your favorite comic book characters? Get more of their stories from these novels inspired by comics. Continue reading at Book Riot

[ Book Riot | 2020-09-30 10:32:00 UTC ]
More news stories like this


How One Afro-Latina Comic Book Artist Is Changing The Marvel Universe

Natacha Bustos didn't see Black or brown characters in the comic books she read growing up. Now, she's the one creating powerful superheroes like "Moon Girl" in hopes of inspiring young girls of color. Continue reading at HuffPost

[ HuffPost | 2020-09-28 12:49:38 UTC ]
More news stories like this


Fans hope Marvel comic book improves Native representation

Native American comic book fans hope a new Marvel anthology by Native artists and writers will jump-start authentic representation in mainstream superhero fare Continue reading at ABC News

[ ABC News | 2020-08-29 15:14:44 UTC ]
More news stories like this


Amazing DIY Comic Book Craft Ideas For Old Comics

Here are some great comic book craft ideas for things to DIY with the comics you don’t want any more but just can’t bear to let go. Continue reading at Book Riot

[ Book Riot | 2020-08-17 10:39:00 UTC ]
More news stories like this


Literary world overwhelmed by 600 books to be published on one day

Hundreds of titles will flood the market because of Covid. It’s bad news for minority authors, says former Booker prize judgeOver the summer, novelist and screenwriter David Nicholls has been something of a hero. With a humorous nod to the less glamorous aspects of publishing life – hastily... Continue reading at The Guardian

[ The Guardian | 2020-08-16 07:29:05 UTC ]
More news stories like this


Trexler Named Interim CBLDF Executive Director

The Comic Book Legal Defense Fund has appointed Jeff Trexler its interim director, effective immediately. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-13 04:00:00 UTC ]
More news stories like this


A Brief Guide to Comic Book Art Styles

A brief guide to the evolution of comic book art styles, from the early days of comic strips to present day. Continue reading at Book Riot

[ Book Riot | 2020-08-06 10:35:00 UTC ]
More news stories like this


Noted immortal Keanu Reeves to bless our lives with a comic book in October.

Noted immortal man, Keanu Reeves, is writing a comic book with the help of bestselling graphic novelist Matt Kindt. Called BRZRKR, the first of 12 issues will debut in October just in time to save the world / distract us from the presidential campaign / give us something to do in day 700 of... Continue reading at Literrary Hub

[ Literrary Hub | 2020-07-20 14:56:04 UTC ]
More news stories like this


What the Clarke Award data tells us about diversity

This article has some relatively good news and then some particularly bad news. First the good news. Continue reading at The Bookseller

[ The Bookseller | 2020-07-19 12:23:27 UTC ]
More news stories like this


How Do You Translate a Comic Book Into Audio? Ask Neil Gaiman

In a new audio production, James McAvoy, Michael Sheen and a full cast give voice to “The Sandman.” Continue reading at The New York Times

[ The New York Times | 2020-07-15 15:00:03 UTC ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this