TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

By The Way, Twitter Still Isn’t Making Money

twitter.money.jpgNewspaper people are flummoxed by having more readers than ever and less money than ever. By some cruel twist of fate they now have an increase in demand and less means to shell out the supply. Go for a tour of Hearst Castle and wonder why they never saw that one coming. Because the concept doesn’t make any sense. It’s like a broke super star. How can you be broke if we’re sick of hearing about you?

Anyway, Twitter has still yet to make money. The last time we saw Biz Stone speak he was optimistic Twitter would turn a profit “soon.” Well, according to Yahoo news it’s not yet:

Micro-blogging pioneer Twitter is still looking for ways to make money despite taking much of the world by storm, co-founder Biz Stone said.

Stone, a former Google employee who helped set up the social networking site two years ago, said on Wednesday the service is still “figuring out” the correct business model even with more than 50 million users.

Well at least there’s “hope” of camaraderie for newspapers.

Mediabistro Course

Personal Essay Writing: Master Class

Personal Essay Writing: Master ClassStarting October 21, work with the senior editor at Marie Claire magazine to polish and publish your essay! Whitney Joiner will help you to develop your voice, narrative, and identity, draft your pitch, and decide where to market your essay. Register now!