Half of Twitter’s top 100 advertisers appear to no longer be advertising on the website. A report from Media Matters for America states that these 50 advertisers have spent almost $2 billion on Twitter ads since 2020 and more than $750 million just in 2022.
Seven additional advertisers have slowed their advertising to almost nothing, according to the report, which was published on Tuesday. These companies have paid Twitter more than $255 million since 2020.
The report wrote that even with these hits to advertising revenue, Twitter CEO Elon Musk has “continued his rash of brand unsafe actions — including amplifying conspiracy theories, unilaterally reinstating banned accounts such as that of former President Donald Trump, courting and engaging with far-right accounts, and instituting a haphazard verification scheme that allowed extremists and scammers to purchase a blue check.”
Eli Lilly and Co. stopped showing ads on Twitter the day after an account impersonating the pharmaceutical company — complete with a purchased blue check mark — posted, “We are excited to announce insulin is free now.”
Eli Lilly asked Twitter to take it down, but the tweet remained up for hours, because the platform’s staff was stretched thin due to recent layoffs and resignations. The tweet garnered hundreds of retweets and thousands of likes, and Eli Lilly’s stock soon took a dive.
Endpoints News reported that 12 pharmaceutical giants soon stopped buying Twitter ads, citing Pathmatics, which collects data on corporate advertising and digital marketing trends.
King quipped on Twitter, “Pretty soon the only advertiser left on Twitter will be My Pillow.”
They are private companies and not the US government. The 1st Amendment does not apply.
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
Of course losing that deal cost him an estimated $1.5 billion. So he lost almost 4 times what he still has.
“The Walt Disney Company generated a net income of 3.19 billion U.S. dollars in the fiscal year of 2022. This marks a growth of over five billion compared to 2020 when the company suffered a loss due to the impact of the COVID-19 pandemic, as the parks, experiences, and products segment brought in around 10 billion U.S. dollars less in 2020 than in 2019.”
Yeah, they’re really hurting. Those “flops” and “upset parents” increased Disney’s income by more than $5 billion…
Gov. Ron DeSantis on Friday signed a bill aimed at dissolving a special taxing district that has granted Walt Disney World unique self-governing powers for more than five decades as a leading bond-rating agency cautioned investors about the proposed changes.
The measure affects the Reedy Creek district and five smaller special districts: the Bradford County Development Authority, the Sunshine Water Control District in Broward County, the Eastpoint Water and Sewer District in Franklin County, the Hamilton County Development Authority and the Marion County Law Library.
The law would dissolve the districts on June 1, 2023, though it would allow the Legislature to re-establish the districts before then.
If it is dissolved, the Reedy Creek district’s debt obligations, revenues and responsibilities would be transferred to Osceola and Orange counties and the small cities of Lake Buena Vista and Bay Lake.
The legislative action prompted credit-rating agency Fitch Ratings on Friday to place a “rating watch negative” on about $1 billion in outstanding district debt.
The district has about $79 million in outstanding utilities revenue and refunding bonds and approximately $766 million in outstanding ad valorem tax bonds, according to an alert issued by Fitch. The district’s various debt ratings range from A to AA-, Fitch said.
Desantis has come out recently saying Florida wouldn’t take on “Disney’s debts” at the same time the GQP there are reconsidering the Reedy Creek law. That’s because they can’t just dismiss the contractual agreements made nor just wish away debts incurred by the district. It just looks like another typical GQP overreach. They didn’t think through the implications and now they’re tap-dancing their way away from their mistake.
Losing Adidas was the final nail in Ye’s net-worth coffin. Gap terminated its Yeezy partnership in September. Earlier this month, JPMorgan reportedly unbanked Ye. French fashion house Balenciaga nixed their relationship with Ye on October 21, just weeks after he walked their runway at Paris Fashion Week. Just yesterday production company MRC said it would not air a completed documentary on Ye and talent agency CAA, where Ye was signed, dumped him.
“Even when he’s not talking, his mouth will be open a little bit,” Chappelle continued, mocking Walker. “He’s the kind of guy who looks like he thinks before he makes a move on tic-tac-toe.”
In Abbott and Costello Meet Frankenstein, the Wolfman kills Dracula. That’s at least as scientific as anything coming out of Herschel’s mouth.
I know it’s sometimes difficult but we really need to avoid getting sucked into the “Pay attention to me somebody!! Pay attention to meeee!!” traps. When it’s such an obvious trolling session, just move along. You can easily recognize them since the troll in question will start commenting on every thread there if you don’t respond. Just keep moving. He’ll disappear for a while until he comes back under another name…
I did too.