Elon Musk: “Twitter’s ad revenue fell 50 percent”

Elon Musk became the most followed person on Twitter


The latest company owned by Elon Musk Twitter, is still on the agenda today. This time an ad description there is.

Elon Musk, as part of a statement he made on Twitter “Twitter’s ad revenue dropped nearly 50 percent” said. Here’s exactly what Musk said: “We still have negative cash flow due to the nearly 50 percent drop in ad revenue and heavy debt load. We need to achieve positive cash flow before we have the luxury of doing anything else.” Of course, behind the 50 percent decrease in advertising revenues on Twitter, there are the reactionary steps taken by Musk for the platform. Twitter, which wants to return the platform from the “Blue” subscription, but has not yet achieved the desired success in this, is now due to Musk’s steps. feared by big advertisers And worried about advertising it is in a place position.

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The following message was given for Twitter recently, within the scope of the new period to be passed, specifically to combat the problem of direct messages and spam from the official support account:We’re introducing a new message setting from July 14th to help reduce the number of spam messages in DMs. When the new setting is enabled, messages from users you follow will reach your primary inbox, while messages from verified users you don’t follow will be sent to your message request inbox. Users whose process was previously set to allow message requests from anyone will be migrated to this new setting, but will be able to return at any time.”

Meanwhile, the company announced another important step in the past few days. Will start sharing ad revenue with content producers Twitter, In this regard, he stated:Our monetization system for content creators, expanding to include ad revenue sharing with creators. This means creators can get a share of ad revenue, starting with responses to their posts. This, part of our efforts to help people make a living directly on Twitter located in. Advertising revenue sharing infrastructure with creators will be available in all countries where Stripe supports payments.”



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