this post was submitted on 05 Sep 2024
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[–] scytale@lemm.ee 196 points 2 months ago (3 children)
[–] Tylerdurdon@lemmy.world 119 points 2 months ago (4 children)

Money has been spent, budgets committed, etc. Think of it like steering a large ship. You may turn the wheel immediately, but the ship will take time to adjust it's course.

[–] Pechente 55 points 2 months ago

Yeah but it has also been 2 full years since he bought it

[–] chakan2@lemmy.world 29 points 2 months ago (1 children)

Ahh...the fortune 500 excuse...luckily those ships contain cash hordes that won't run out for decades to centuries.

[–] Tylerdurdon@lemmy.world 13 points 2 months ago

It takes time for approvals and the general clusterfuck of decision-making. I'm not defending it, just what I see.

[–] OsrsNeedsF2P@lemmy.ml 3 points 2 months ago (1 children)

Yes but also not really, they could just stop buying those ads

[–] Rampsquatch@sh.itjust.works 3 points 2 months ago

And if they already paid for a certain amount of ads? What if there is a contract and they are obligated to have their ads on the platform for a certain amount of time? There are any number of reasons why they can't just pull the plug , no matter how much they may or may not want to.

[–] Nollij@sopuli.xyz 20 points 2 months ago

Often there are contracts. Sometimes for a very long time, often multi-year. There are sometimes escape clauses (like a morality clause for a spokesperson), but these aren't easy to invoke.

I suspect many of them are up for annual review/renewal, when they can be terminated without penalty. It might also just be an attempt to get better terms.

[–] b161@lemmy.blahaj.zone 11 points 2 months ago (1 children)

Yup. Every company still on there is a Nazi brand. If they actually cared about that they’d pull their ads immediately.

[–] glitches_brew@lemmy.world 2 points 2 months ago

Is there a list of companies still showing ads there? I will gladly avoid them all.

[–] hperrin@lemmy.world 96 points 2 months ago
[–] shyguyblue@lemmy.world 83 points 2 months ago (2 children)

Musk plans to sue advertisers planning to withdraw from x in record numbers.

[–] NOT_RICK@lemmy.world 24 points 2 months ago

That’ll surely fix it

[–] originalucifer@moist.catsweat.com 52 points 2 months ago

pertinent numbers

a net 26% of marketers plan to decrease their spending on X in 2025

[–] don@lemm.ee 52 points 2 months ago

Well he did tell them to go fuck themselves, so it’d make sense for them to decide to just fuck right off.

[–] Engywuck@lemm.ee 39 points 2 months ago (1 children)

About fucking time. I'm just sick of the "news" about X. Hopefully it disappears for good.

[–] ripcord@lemmy.world 19 points 2 months ago

Apparenrtly the "plan" would only drop Twitter down to $2B a year.

That plus Musk putting in whatever's needed - it's not going anywhere anytime soon.

Now, if people mass left the platform, that would change things. But it's still suuuuper popular, because people fucking suck.

[–] partial_accumen@lemmy.world 31 points 2 months ago (1 children)

Only 4% of marketers overall think X ads provide “brand safety” — certainty that their ads won’t appear alongside extreme content —

The 4% may represent lumpy pillow manufacturers, sellers of freeze dried survival food, random cryptocurrency products, and Trump 2024 flag/tshirt providers.

The spokesperson added that X’s “brand safety rate is on average 99%, as validated by DoubleVerify and Integral Ad Science,” companies that analyze the value of digital advertising placements.

"But that 1% remaining will have your products featured next to ads denying the holocaust, hate speech against LGBTQ+ communities, and ads discrediting proven science in favor of, oh I don't know, phrenology or something" -the spokesperson probably

[–] Nougat@fedia.io 15 points 2 months ago

And "WE BUY GOLD!!!!*"

*for a fraction of its actual value

[–] Imgonnatrythis@sh.itjust.works 24 points 2 months ago

If Nike is one of these planning to withdrawal advertising with them I'll be very disappointed. They need to just do it.

Sounds like they are trying to double dip by still using it as an ad platform but saying they are working on backing out but also appealing to people that hate bigoted idiots as well.

[–] shalafi@lemmy.world 19 points 2 months ago (1 children)

Knowing nothing about marketing, I figured that after threatening to sue his advertisers there would have been a full-stop on incoming customers and, at the least, a spending level freeze by existing customers.

[–] bamboo@lemm.ee 9 points 2 months ago

I generally avoid voluntarily giving money to people threatening to sue me.

[–] ivanafterall@lemmy.world 18 points 2 months ago

Wow, so brave. Why are they still there?

[–] itsgroundhogdayagain@lemmy.ml 16 points 2 months ago (1 children)

If you are wondering, some of the companies still advertising on Twitter are Samsung, State Farm, The Athletic, and DirecTV.

[–] xtr0n@sh.itjust.works 4 points 2 months ago

I’m going to contact my State Farm agent about this. Maybe Geico or Progressive are more adverse to Nazis.

[–] circuitfarmer@lemmy.sdf.org 10 points 2 months ago

Elon has fucked around so much at this point, he should eventually be enduring a never-ending streak of find outs.

[–] BarrierWithAshes@fedia.io 10 points 2 months ago

Again? I thought they already left and then there was a lawsuit cause of it.

[–] cmrn@lemmy.world 5 points 2 months ago

I’d love to know the returns any of these companies are getting on advertising there… it was already pretty bleak before the takeover.

[–] kandoh@reddthat.com 4 points 2 months ago

They gutted Youtube for far, far less.

[–] HubertManne@moist.catsweat.com 1 points 2 months ago