50 of Twitter's top 100 advertisers have pulled out of the platform since Elon Musk took over

[Yo_Mama_Been_Loggin]

In the 25 days since Elon Musk took over Twitter, half of its top 100 advertisers have stopped advertising on the platform, according to the research center Media Matters.

Since 2020, those 50 companies have accounted for nearly $2 billion in advertising revenue. This year alone, they spent $750 million, Media Matters said.

Some of the companies – like Chevrolet, Ford, and Chipotle – have publicly announced that they were stopping advertising on Twitter.

Media Matters says the others are "quiet quitters," because its analysis of Pathmatics data shows that they have stopped advertising for a "significant period of time."

https://www.msn.com/en-us/money/companies/50-of-twitter-s-top-100-advertisers-have-pulled-out-of-the-platform-since-elon-musk-took-over-report-says/ar-AA14sevK

How long before the remaining 50 leave?

[PatSeg]

1. K&R

[Trenzalore]

2. This is how it dies

Won't make the New Year.

[womanofthehills]

5. I don't think it's gonna die

Musk has lots of new advertising plans

Link to tweet

?s=46&t=_CpiTdwqeTVF9aR0yI25aQ

[Trenzalore]

7. Moderation wasn't because Twitter was Left

Moderation was there so that Coca Cola could sell sugar water without backlash from customers

[UTUSN]

3. Yeah baybee!

[Bernardo de La Paz]

4. Twitter will become the MyPillow social media app. . . . nt

[Cha]

6. That's Sizeable! nt

[Demovictory9]

8. Kick 🦵

[littlemissmartypants]

9. The only ads that I see now are gaming and crypto. And I block every ad vendor I see.

I'm hoping that's causing my algorithm to be completely disrupted.

I used to see ads on topics that I was somewhat interested in knowing more about. Now my goal is to be a disruptor. The place totally sucks right now anyway. It's like a meatless carcass.

❤️ pants

[BlueIdaho]

10. Good start. nt.