Musk's new CEO appointment shows he has admitted defeat on trying to overcome advertiser boycotts for a more free speech twitter.
These numbers really put things in perspective: Twitter has 700,000 subscribers to Twitter Blue, far below Elon's projections, and generating about $67 million per year. Twitter made $4.5 billion in advertising in 2021. Since pressure was placed on advertisers by Jewish-led "civil rights groups" advertising revenue has declined by $1.5 billion.
Social media companies are still massively reliant on advertisers who are very sensitive to pressure from these civil society organisations.
https://mashable.com/article/elon-musk-subscription-advertising-revenue-twitter-ceo-linda-yaccarino
These numbers really put things in perspective: Twitter has 700,000 subscribers to Twitter Blue, far below Elon's projections, and generating about $67 million per year. Twitter made $4.5 billion in advertising in 2021. Since pressure was placed on advertisers by Jewish-led "civil rights groups" advertising revenue has declined by $1.5 billion.
Social media companies are still massively reliant on advertisers who are very sensitive to pressure from these civil society organisations.
https://mashable.com/article/elon-musk-subscription-advertising-revenue-twitter-ceo-linda-yaccarino
Mashable
Twitter's new CEO is Musk's first step in admitting Twitter Blue failure
Elon Musk pitched a Twitter that thrived on subscriber-based revenue. He just hired an advertising executive to be its new CEO.