Twitter posts meagre UK profit

Twitter’s UK operation has posted a miserly £16.5k profit in its first published accounts.

The figure offers little sign of how the social platform is performing globally but it is believed the company took $288m in worldwide ad revenues last year.

Twitter has been selling promoted tweets to clients including Sky, BT and Eurostar, and the company continues to target the UK as a growing market.

(Sources: The Drum, MediaGuardian)

 

Comments

comments

 

“Before we all sink into a slough of digital dystopian despair, it might be worth considering this: is this a sign of the strength, not weakness, of revelatory journalism in the digital age?”


Charlie Beckett, director of POLIS at the London School of Economics, reacts to news that the UK government forced the Guardian into destroying hard drives that contained information leaked by Edward Snowden.


(Source: POLIS)

 

Subscribe to Media Digest via Email

Enter your email address to subscribe to Media Digest and receive notifications of new stories by email.

Latest Media Industry News, Independent News and Media, UK