X CEO Linda Yaccarino Is Using Television-Like Strategy To Regain Advertiser Confidence

In a strategic shift to recapture advertiser confidence, Linda Yaccarino, CEO of X (formerly Twitter), is leveraging her extensive media industry background to draw advertisers with television-esque content offerings.

What Happened: The Wall Street Journal reported on Tuesday that Linda Yaccarino, CEO of X, is employing her television industry experience to attract advertisers to the social media company.

During a meeting in September at X’s New York headquarters, Yaccarino brought in an executive from the National Football League to headline the talk with advertisers. This move aligns with her strategy to reintroduce the platform, previously known as Twitter, to marketers by emphasizing TV-like content offerings such as NFL game highlights. This approach is part of an effort to create “safe zones” on X, which could reassure advertisers wary of issues like hate speech and misinformation prevalent on the platform.

The initiative led by Yaccarino underlines the company’s push to regain the confidence of its advertising partners by showcasing more curated and brand-friendly content streams.

See Also: Musk Seeks Cocaine Recipe From xAI: The Response Is A Riot

Why It Matters: Following a plan to introduce a new three-tier subscription service by CEO Elon Musk in early October, X Corp. has been on a mission to innovate its advertising and user experience. The tiers, aimed at giving users control over ad exposure, signify a shift in the platform’s approach to content monetization.

In August, Musk emphasized the commitment of X Corp. to “truth in advertising,” contrasting it with other social media platforms like Instagram. Musk’s focus on credibility was evident as he highlighted the use of Community Notes to fact-check sponsored content.

However, recent reports in late October suggested a large-scale withdrawal of advertisers from X Corp., challenging the narratives by Musk and Yaccarino about advertiser participation. This backdrop makes Yaccarino’s recent initiatives particularly crucial as X Corp. strives to rebuild trust and demonstrate the platform’s value to global advertisers.

The broader conversation around digital advertising and user experience was again underscored by Musk’s agreement with public sentiment on ad saturation, as seen in late October remarks about the excessive ads on YouTube, highlighting the industry-wide challenge of balancing ad revenue with user satisfaction.

Read Next: A Family Affair In AI: The Deep-Rooted Connection Between Nvidia And AMD


Engineered by Benzinga Neuro, Edited by Sudhanshu Singh


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!