Elon Musk said Twitter has seen a 'massive drop in revenue' as more brands pause ads | CNN Business

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Elon Musk’s advertising problem is getting worse

Elon Musk said Friday that Twitter has seen a “massive drop in revenue,” as a growing number of advertisers pause spending on the platform in the wake of his $44 billion acquisition. “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists,” he said in a tweet. “Extremely messed up! They’re trying to destroy free speech in America.

Musk, known as both an innovative entrepreneur and an erratic figure, has promised to rethink Twitter’s content moderation policies and undo permanent bans of controversial figures, including former President Donald Trump. That creates a challenge for brands, which are sensitive to the types of content their ads run against, an issue made more complicated by social media.

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shitshowjoe

Poor ole CNN….worse ratings on TV and they are worried about Twitter. If y’all focused on your channel maybe y’all could stop being deadlast losers losing worst

Verified ⤵️ elonmusk's Twitter is down ⤵️

Not for long as the US makes a hard right

CNN’s Lack of Viewership will Directly Impact CNN’s Advertising Revenue Negatively

Nope...he is winning

Should media activist groups choose to decline together, or accept the ElonMuck team to be communicated, cooperate with each other, and see the future. Hope wisdom and peace are the keys to opening the door to the future of Twitter.❤🌐

What’s the old saying republicans always loved to use. Let The Market Decide. It’s seems all of the sudden the GOP have lost faith in Free Markets. LOL

CNN, you are such a lowlife dirtbag organization that just loves to spread lies and misinformation that’s why your ratings have plummeted and that’s why nobody likes you. CNN needs good management!

CNN’s new is getting worse

He should have learned from the failure of Parler and Truth Social that few advertisers, beyond the MyPillow Guy, wants to advertise on a crackpot conspiracy theorist sh*t show pandering to broke bigoted MAGAts.

I don't trust anything this cretin says and does, the way is to get off the tweeter, it's going to fill this crap with Nazis now

Elon has been in tight spots before. He knows what to do. He will be camped out in the Twitter office working 20 hours a day. Bad buy for him though, his niche is buying small things and growing them.

Like CNN+ ran out of business

CNN don't like Musk

elonmusk 😆🤣

You didn't complete the quote in your misleading headline. He said it was because far left activists, which is true. Statist religious people

Well well well, maybe he should consider that he was the reason.

Doesn't help that he blocked a major advertiser.

Like CCN viewership, it's dwindling fast. More dems are watching FOX.

Tell us more about this 'getting worse' narrative.

CNN readership is worse actually. But oh well they don't rely on that to make a living

CNN’s new Don Lemon show has lower ratings in one day than Fox News.

$8

Twitter wasn't profitable. The advertisers didn't matter. Maybe not running Pfizer adds will save some lives from heart attacks. Here's an ad, Pfizer just doubled the price of their vaccine that was paid for with public money. Have a nice day.

just hoping that TwitterGov fails, so sad that this network’s survival depends on Elon or trump

No one wants to deal with Adolf Muskler

Who props CNN up? You have no viewers.

Go woke. Go broke. It'll change sooner rather than later you see. You're just doing your lousiest transparent routine hackjob 4, Framing without journalism. It may still work with your encapsulated viewer base, how insignificant and invisible it may have become by now, that is

No worse than CNN ratings.

Time for a good Flame War 🔥

I remember when journalist didn't have an agenda. Things have changed.

Ha, talk about a drop in revenue, CNN knows all about a loss in revenue for sure, just like the loss of credibility and viewership.

Lets see what elonmusk has to say about this . Somehow I feel your little 'news' article here is beyond fake. 😁👍

Satan: 'My Democrat cancel culture warriors are the best.'🙃

Hey, people doubted SpaceX, but elonmusk went and hired the smartest people. They doubted Tesla, but he went and hired the smartest people. They doubted Twitter, but then he thought he was the smartest person and fired all of the smartest people.

This guy is smarter that this. Isn’t he Why would he fire so many employees without even knowing the company? The best new owners take a month or two to know what’s going on, where the strengths & weaknesses are before making changes. Instead Musk has fired good teams!!

Elon Musk should buy cnn and make it a hot dog stand 🌭

elonmusk it's strange but since Elon Musk bought Twitter, the news feed and fake subscribers and verified accounts are rarer, was it twitter employees who were behind the fake accounts to promote Twitter ?

and you’re advertising for him right now. If anything Twitter should increase the rate for woke advertisers

Not if you keep writing about him every 30 min.

lmao this is the most biased BS I’ve seen in awhile. The far left has gone wayyy too left the last decade. Elon predicted these political attacks would come, and he was right. You leave no room for people in the middle these days.

🤣

LemTomek 😂😂😂😂

CNN knows the advertising problem well

don’t worry for him

They'll be back.

Poor Elon.

Twitter is being cancelled 😂liberal world

Sure.

Yay!!!!

Imagine the revenue these companies will lose....lets see...

Just because Musk can be a great CEO for a automobile and spacecraft company, doesn't mean he can be a great CEO of a social media platform. His hostile takeover on Twitter is an action of spite to those he thought wronged him.

The Extreme Left leaving will make things better over time. Communism always eats itself, Twitter was dying.

Jack is building a new social media

ya karena dia dengan idiotnya ingin mengubah twitter sangat drastis.

PopulismUpdates Ever since he started ownership I’ve seen a shit load of TV infomercial caliber ads on here.

Reported by CNN owned by polititians. 🤡🤡🤡

The fear of Trump's resurgence, in this case, is nothing less than scrutiny of spam accounts and abuse and hate speech, which is to ensure order. thank you very much

If that is the case, two of the conditions for avoiding mass layoffs would be to cut employee salaries and the fear of Mr. Trump's resurrection. Thank you very much. Amen

Regarding this point, if CEO Elon Musk emphasizes our freedom of speech as he has mentioned before the acquisition, this so-called scrutiny is a natural result that cannot be helped, but Mr. Elon Musk also Son of Man, and I think he's probably scratching his head.

Personally, I am amazed at how many employees Twitter has to date. However, I imagine that Twitter, which boasts a global share, has secured this number from the perspective of ensuring a certain level of order and safety and creating employment.

Good

It’s hard to factor in revenue synergy/loss in an M&A analysis if you can’t quantify the impact of a narcissistic loud mouth.

It’s not uncommon for things to get worse before they get better. I’m confident that he understands this. Not only that, advertisers want people to buy their products. I’m sure they want conservatives to buy their products too. They’ll be back.

他的做法 很疯狂

More like the radical left is losing it safe place and ability to propitiate fake news

Elon is not very clever.

I think he can afford it !!!

No it’s not. Nice try fake news

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