Following The MrBeast X Experiment, Elon Musk Decides To Take On YouTube With New Ad Targeting
Portfolio Pulse from Ananya Gairola
Elon Musk's X, formerly Twitter, is introducing new ad targeting features to compete with YouTube, owned by Alphabet Inc. (GOOG, GOOGL). The features allow advertisers to run ads before videos of chosen creators, on the main timeline, and creators' profiles. This initiative aims to attract video creators and advertisers by offering a revenue-sharing model, though the percentage of ad revenue shared with creators is undisclosed. The move follows Musk's efforts to improve content quality on X by partnering with notable figures and aims to regain advertisers' trust after a decline in ad revenue.

February 13, 2024 | 4:21 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Alphabet Inc.'s YouTube faces new competition from Elon Musk's X, which is introducing ad targeting features to attract creators and advertisers.
The introduction of new ad targeting features by X directly challenges YouTube's dominance in the online video-sharing space. By offering a revenue-sharing model to creators, X aims to attract both creators and advertisers, potentially diverting attention and revenue from YouTube. This could negatively impact YouTube's market share and advertising revenue in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Alphabet Inc.'s YouTube faces new competition from Elon Musk's X, which is introducing ad targeting features to attract creators and advertisers.
The introduction of new ad targeting features by X directly challenges YouTube's dominance in the online video-sharing space. By offering a revenue-sharing model to creators, X aims to attract both creators and advertisers, potentially diverting attention and revenue from YouTube. This could negatively impact YouTube's market share and advertising revenue in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80