Meta to Announce Twitter Competitor Called Instaflop (377)

<p>In this episode, Elon goes full Murdoch, trying to build Twitter into the next Fox News.</p> <p>Advertising continues to plummet for media companies and creators. How long will this ad recession last?</p> <p>There are rumors that Meta will announce a Twitter competitor any time now. Joe and Robert believe this is false news.</p> <p>And TikTok sues Montana in the goofball move of the year (by Montana, not TikTok).</p> <p>Rants and raves include the creator economy middle class and 71 percent of CMOs want more marketing tech budget.</p> <p><strong>This week's links:</strong></p> <p><a href= "https://www.axios.com/2023/05/24/musk-murdoch-twitter-conservative-media" target="_blank" rel="noopener">Musk Moves in on Murdoch</a></p> <p><a href= "https://simonowens.substack.com/p/the-advertising-recession-is-definitely" target="_blank" rel="noopener">Advertising Is in a Recession</a></p> <p><a href= "https://www.marketingbrew.com/stories/2023/05/22/details-on-instagram-s-not-yet-released-twitter-competitor" target="_blank" rel="noopener">Instagram to Release Twitter Competitor?</a></p> <p><a href= "https://www.npr.org/2023/05/22/1177541355/tiktok-sues-lawsuit-montana-law-ban" target="_blank" rel="noopener">TikTok Sues Montana</a></p> <p><a href= "https://www.marketingdive.com/news/cmos-lack-budget-execute-marketing-strategy-2023-gartner/650948/" target="_blank" rel="noopener">Marketers Want More Budget [Research]</a></p> <p><a href= "https://simonowens.substack.com/p/the-creator-economy-middle-class" target="_blank" rel="noopener">The Creator Economy Middle Class</a></p> <p><span style="color: #000000;">-----</span></p> <p><span style="color: #000000;">Liked this show? SUBSCRIBE to this podcast on <a href= "https://open.spotify.com/show/2ZCcAoMJEULFZfZu61QRVd" target= "_blank" rel="noopener">Spotify</a>, <a href= "https://podcasts.apple.com/us/podcast/id760760485?mt=2&ls=1" target="_blank" rel="noopener">Apple</a>, <a href= "https://podcasts.google.com/feed/aHR0cHM6Ly9wbnJtYXJrZXRpbmcubGlic3luLmNvbS9yc3M=" target="_bla