Current:Home > InvestParis Hilton's entertainment company joins brands pulling ads from X, report says -MoneyMatrix
Paris Hilton's entertainment company joins brands pulling ads from X, report says
View
Date:2025-04-13 20:30:47
Paris Hilton's entertainment company is suspending an advertising campaign on X, according to CNN, expanding the list of companies fleeing the social platform after billionaire Elon Musk's recent tweet endorsing an antisemitic conspiracy theory.
The move by 11:11 Media to distance itself from X, formerly known as Twitter, comes only a month after the companies announced an exclusive partnership that would include live video and commerce. X CEO Linda Yaccarino in October welcomed Hilton to the "@X family," tweeting: "The queen of pop culture, music, business and TV is #Sliving on X."
CBS MoneyWatch could not immediately reach anyone at Hilton's company for comment. Bruce Gersh, 11:11's president and chief operating officer, told CNN on Tuesday that the company "made the decision to immediately pull the campaign from the platform."
The advertiser exodus from X gathered steam last week after Musk, the company's billionaire owner, last week called an antisemitic post on his social media platform "the actual truth." Other major advertisers have suspended their marketing campaigns on the site in recent days, including Apple, Disney, IBM and Lionsgate, with some pointing to a report by Media Matters detailing a rise in antisemitism on X.
Apple, IBM and Oracle are among the companies that have had their ads appear next to Nazi-themed content on X, Media Matters said in its report. X has since filed a lawsuit against the liberal advocacy group, accusing Media Matters of misrepresenting its findings in an effort to destroy the company.
The White House denounced Musk for repeating "the hideous lie behind the most fatal act of antisemitism in American history," and President Biden then posted for the first time on X rival Threads.
The uproar is not the first at X, which had already lost advertisers concerned about their brands showing up on the platform next to controversial content. Musk hired Yaccarino, a former NBC executive, to sell big brands on the idea of returning to X.
According to research firm Similarweb, as of September global web traffic to Twitter.com was down 14% from a year ago, while traffic to the ads.twitter.com portal for advertisers was down 16.5%.
- In:
- Elon Musk
Kate Gibson is a reporter for CBS MoneyWatch in New York.
veryGood! (293)
Related
- Small twin
- In Congress, Corn Ethanol Subsidies Lose More Ground Amid Debt Turmoil
- California Adopts First Standards for Cyber Security of Smart Meters
- Rachel Bilson Baffled After Losing a Job Over Her Comments About Sex
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- EU Utilities Vow End to Coal After 2020, as Trump Promises Revival
- Auto Industry Pins Hopes on Fleets to Charge America’s Electric Car Market
- All Eyes on Minn. Wind Developer as It Bets on New ‘Flow Battery’ Storage
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Vanderpump Rules Finale Bombshells: The Fallout of Scandoval & Even More Cheating Confessions
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Avatar Editor John Refoua Dead at 58
- Texas Gov. Abbott signs bill banning transgender athletes from participating on college sports teams aligned with their gender identities
- Ja Morant suspended for 25 games without pay, NBA announces
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Suicide and homicide rates among young Americans increased sharply in last several years, CDC reports
- Is Climate Change Urgent Enough to Justify a Crime? A Jury in Portland Was Asked to Decide
- Conor McGregor accused of violently sexually assaulting a woman in a bathroom at NBA Finals game
Recommendation
Meta donates $1 million to Trump’s inauguration fund
This is the period talk you should've gotten
This week on Sunday Morning (June 18)
'Are you a model?': Crickets are so hot right now
'Most Whopper
13 Things to Pack if You're Traveling Alone for a Safe, Fun & Relaxing Solo Vacation
John Stamos Shares the Heart-Melting Fatherhood Advice Bob Saget Gave Him About Son Billy
All Eyes on Minn. Wind Developer as It Bets on New ‘Flow Battery’ Storage