US EditionAfter Musk tirade, X faces prospect of more advertisers fleeing
- Social media company X is facing the prospect of more advertisers leaving after Elon Musk's endorsement of an antisemitic post led to brands like Walt Disney and Warner Bros. Discovery suspending advertising on the platform.
- The decline in ad spending on X in the US, as well as a decrease in monthly active users since Musk acquired Twitter, could be detrimental to the company's revenue.
- Ad industry experts suggest that X's subscription efforts may need to play a bigger role in generating revenue to offset the potential loss of advertisers.
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Elon Musk's X Could See More Brands Dropping Ads After His Recent Outburst
Social media company X faces the prospect of more advertisers fleeing and has no clear fix in sight, ad industry experts said, after billionaire owner Elon Musk lashed out at some of the biggest brands for dropping the platform.
·India
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More advertisers may flee X following Musk tirade
Social media company X, faces the prospect of more advertisers fleeing and has no clear fix insight, ad industry experts said, after billionaire owner Elon Musk lashed out at some of the biggest brands for dropping the platform.
·Ireland
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Total News Sources16
Leaning Left0Leaning Right5Center6Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
C 55%
R 45%
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