Published 8 months ago

After 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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News18 India

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.

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Reuters

After Musk tirade, X faces prospect of more advertisers fleeing

More advertisers are likely to flee Elon Musk's social-media company X after the billionaire lashed out at some of the biggest names in the media industry at a New York Times DealBook event for dropping out of the platform, analysts said on Thursday.

8 months ago·United Kingdom

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Channel News Asia

Analysts predict more brands will flee X after Musk tirade

More advertisers are likely to flee Elon Musk's social media platform X after the billionaire lashed out at some of the biggest names in the media industry at a New York Times DealBook event for dropping out of the platform, analysts said on Thursday.Walt Disney and Warner Bros. Discovery suspended advert

8 months ago·Singapore

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RTÉ

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.

8 months ago·Ireland

Read Full Article