• Tygr@lemmy.world
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    1 year ago

    You don’t buy a heavily liberal swayed network and flip it heavily conservative. All of your advertisers will have an issue and it takes a long time to bring in new advertisers that like the new direction.

    That’s like buying Truth Social and banning Trump.

    P.S. I can’t stand Twitter. Never liked it, never will.

    • ThunderingJerboa@kbin.social
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      1 year ago

      Hell lets be honest here, I think many advertisers do sway more heavily conservative but the problem is advertisers want stability. Elon basically opened the flood gates to let anything go (as long as he agrees with them) and that created massive change at once. So you have to play the game of pandering to your audience who are likely going to be on the left just due to the left being a far more numerous group and no big advertiser would want an ad anywhere near a racial tirade. Like the higher ups of these corporations can and may be incredibly racist but you don’t want your brand associated with it since you basically cut off a sizeable part of your market in the space you are trying to advertise. At the end of the day they want money and they don’t want to rock the boat visibly.

    • TWeaK@lemm.ee
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      1 year ago

      You don’t buy a heavily liberal swayed network and flip it heavily conservative.

      That was never the point. The point was that it would either change, or die from the $13bn debt the purchase saddled Twitter with.

      • Musk paid $26 bn, underwritten by Tesla stock.
      • $5 bn was from other investors, including a Saudi prince.
      • $13 bn was a loan Twitter took out to buy itself on Musk’s behalf.

      The “heavy debt” that drives Twitter’s cashflow into the negative is a direct result of the purchase.

      • Tygr@lemmy.world
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        1 year ago

        I have to disagree because I feel “the point” is profitability. My comment shows a direct issue with profitability when liberal-swayed advertisers have to exit because of a network’s new direction.

        I do understand your argument though. That’s another massive layer that will be impossible to overcome.