2024

Dogecoin’s DogeDesigner claims that there is media bias in 2024 US election coverage. The developer went on to target legacy media while receiving an endorsement from X owner Elon Musk.
Meanwhile, the two have also said that traditional or legacy media outlets have seen a decline in viewership amid X’s struggle with advertisers.
<h3 id="span-data-preserver-spaces-true-donald-trump-has-89-negative-coverage-span">Donald Trump has 89% negative coverage</h3>
DogeDesigner, who identifies as a UI and graphic designer for Dogecoin and a developer at X, cited <a class="editor-rtfLink" href="https://x.com/elonmusk/status/1826242679371629016" target="_blank" rel="noopener noreferrer nofollow">MRC’s analysis</a> of the 2024 US elections coverage. The developer compared the coverage of Democratic presidential nominee Kamala Harris and her Republican counterpart Donald Trump by news networks like ABC, CBS, and NBC. The analysis suggests that major traditional networks are biased in favor of Harris with 84% positive news.
The post also claims that 89% of Trump’s coverage by the same networks is negative. X owner, Elon Musk, seems to be endorsing the analysis by a repost.&nbsp; The comments come on the sidelines of their claim that legacy media viewership is falling while X breaks “new all-time usage records.”
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Legacy media continues to plummet in viewers/readers <a href="https://t.co/RSsk68Fz5C" rel="noopener noreferrer nofollow" target="_blank">https://t.co/RSsk68Fz5C</a>
 — Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1826423055926919223?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">August 22, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
&nbsp;
A Pew Research Center <a class="editor-rtfLink" href="https://www.pewresearch.org/short-reads/2023/11/28/audiences-are-declining-for-traditional-news-media-in-the-us-with-some-exceptions/" target="_blank" rel="noopener noreferrer nofollow">report</a> from November 2023 also noted that viewership for traditional media has shrunk with a few exceptions. Contrarily, Musk reported in July that X surpassed 417 billion user-seconds in a single day globally. While X seems to be stacking well against traditional media in terms of user engagement, the microblogging site is reportedly losing advertisers. 
<h3 id="span-data-preserver-spaces-true-musk-faces-x-s-ad-revenue-drop-span">Musk faces X’s ad revenue drop</h3>
According to data by <a class="editor-rtfLink" href="https://qz.com/twitter-x-ad-revenue-tumbles-elon-musk-grok-1851624340" target="_blank" rel="noopener noreferrer nofollow">MediaRadar</a>, X advertisers spent around $744 million in H1 2024. The figure is reportedly a 24% year-on-year decline. Since ad spending made up close to <a class="editor-rtfLink" href="https://www.nytimes.com/2023/06/05/technology/twitter-ad-sales-musk.html" target="_blank" rel="noopener noreferrer nofollow">90%</a> of X revenue, Musk sued the advertisers. Earlier in August, Musk claimed in a <a class="editor-rtfLink" href="https://www.reuters.com/legal/musks-x-accuses-advertisers-illegal-boycott-new-lawsuit-2024-08-06/" target="_blank" rel="noopener noreferrer nofollow">lawsuit</a> that a group of advertisers had unlawfully boycotted X. Based on reports, X claims that advertisers working together against X violates US antitrust laws and hurts its business revenue.
<a class="editor-rtfLink" href="https://www.cryptopolitan.com/grok-ai-backlash-over-unrestricted-content/" target="_blank" rel="noopener noreferrer nofollow">Elon Musk</a> is also in a tough situation with the European Commission. The EU is reportedly investigating whether X broke Digital Services Act (DSA) rules that controlled illegal content and disinformation. <a class="editor-rtfLink" href="https://www.reuters.com/breakingviews/elon-musks-best-move-eu-fight-may-be-an-exit-2024-08-21/" target="_blank" rel="noopener noreferrer nofollow">Reuters</a> suggest that Musk could eventually decide to shut down X in Europe amid disagreement with the regulators.

Elon Musk, DogeDesigner criticize traditional media amid X’s ad struggles

Table of Contents

Cryptopolitan_News

Other articles published on Aug 22, 2024

H1 2024 sees $630m in crypto losses, exchanges take biggest hit

Tron Memecoin Sun Pump Surpasses Pump.fun in Memecoin Activity and Revenue

Analyst Predicts XRP Price Surge

Sun rises: Tron’s new memecoin deployer flips Pump.fun

Top Crypto Presale Websites – MoonBag’s Sky-High Rewards Shine as Slothana’s Sustainability and B...

Ethereum Transactions On The Rise, Low Gas Fee Not A worry: What to Expect?

Join our free newsletter for daily crypto updates!