Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

New Twitter CEO Linda Yaccarino May Take Aide Krishan Bhatia With Her

New Twitter CEO Linda Yaccarino May Take Aide Krishan Bhatia With Her

Linda Yaccarino is leaving her job as head of global advertising at NBC Universal to take the chief executive officer role at Twitter.
Twitter's next leader is a well-connected media executive whose deep ties to Madison Avenue could help lure advertisers back to the platform at a critical time.

Linda Yaccarino is leaving her job as head of global advertising at NBC Universal to take the chief executive officer role at Twitter. She will work closely with owner Elon Musk, who will be both chief technology officer and executive chairman.

She will helm a company mired in multiple crises - many of them spurred by Musk himself. Musk fired or lost about 75% of Twitter employees since his October takeover, including most of those who had deep relationships in sales and partnerships, which Yaccarino will now need to repair. The company has also faced an advertiser exodus, triggered in part by Musk's erratic content moderation decisions and his own tweets.

Yaccarino joined Comcast Corp.'s NBCUniversal in 2011 after nearly two decades at Turner, home of cable channels like TNT and TBS. At NBC, she helped launch the ad-supported streaming service Peacock, oversaw live events like the Super Bowl and Olympic Games, and forged partnerships with tech companies including Snapchat, YouTube and Twitter.

She's perhaps best known for leading the TV industry's push for new ways to measure viewers. Yaccarino was highly critical of Nielsen, whose ratings have long formed the basis for TV ad deals, for not counting all the people who watched NBC's shows online. In recent years, Yaccarino took the unusual step of bringing together competitors in the media industry to discuss alternatives.

"She has been ahead of the curve really in measurement and marketing effectiveness," said Michael Kassan, the chief executive officer of the marketing and media consulting firm Medialink.

Kassan said Yaccarino is "extraordinarily well-respected in the industry" and has "amazing brand and agency relationships."

During his tenure, Musk slashed thousands of jobs, scaled back the company's content moderation and allowed accounts previously banned for breaking rules to return. A controversial subscription service plan, Twitter Blue, has been flailing, drawing less than 1% of the user base. Twitter needs to boost sales in order to repay $12.5 billion in debt the company took on when Musk bought it. Annual interest is expected to exceed $1.2 billion.

Despite a slight uptick in daily users since early 2022, Twitter's revenue has fallen by 50% since October as a result of a "massive decline" in advertising, Musk said in March.

"She's probably just what Elon needs to establish trust among advertisers," said Martin Sorrell, who founded WPP plc, one of the world's largest advertising companies.

Dave Campanelli, chief investment officer at Horizon Media, said Yaccarino was "very, very tough in negotiations" but also listened to advertisers' needs.

"She'll bring a level of understanding of the ad space and what it takes to bring advertisers back to the platform," he said.

Media-industry peers say it was an open secret that Yaccarino wanted the CEO job at NBCUniversal, previously helmed by Jeff Shell. Some in the industry suspect Shell's departure last month influenced Yaccarino's decision to leave, and some speculate that Yaccarino's top lieutenant, Krishan Bhatia, could join her at Twitter.

Yaccarino has been described as trustworthy and empathic by those who know her personally. She's also known to be image-conscious and careful about how she comes off in public, acquaintances say.

Twitter users are already dissecting Yaccarino's politics and behavior on the platform to try to understand what kind of content moderation decisions she might stand behind - and whether she will align with Musk in his embrace of right-wing provocateurs that were suspended under Twitter's previous leadership for breaking rules or spreading misinformation.

In 2018, she was named by then-President Donald Trump to the President's Council on Sport, Fitness and Nutrition. On Twitter, she is following many people in Trump's orbit, including previously banned accounts, though it's unclear whether she runs her own profile. Among the far right, she is already facing backlash for serving on a World Economic Forum task force and associating with a pro-vaccination advertising campaign.

While at NBC, Yaccarino oversaw the integration of sales teams for Telemundo and became a big advocate for multicultural programming, according to Steven Wolfe Pereira, chief business officer at 3Pas Studios, who has known Yaccarino for years.

While Musk has publicly mocked diversity efforts at Twitter, Pereira said Yaccarino has been a "champion" on such measures and doesn't back down during business negotiations. "She is not a wallflower. They would call her the Velvet Hammer," Pereira said. "She's tough, but she's fair."

One of Yaccarino's first challenges will be a new show on Twitter from fired Fox News host Tucker Carlson, whose incendiary remarks led advertisers to steer clear of him on cable.

Another will be handling her mercurial, unpredictable new boss. He seemed to catch Yaccarino off guard Thursday when he said in a tweet that he had chosen a new CEO who would begin in six weeks, without naming her.

During an advertising conference last month in Miami, Yaccarino pushed Musk on his plans for making the platform more comfortable for brands. At one point, she candidly asked Musk whether he felt he had "derisked"' the site enough to assure advertisers that their campaigns aren't going to land in "awful hateful places.'"

Yaccarino told Musk on stage: "Are there days where I see some of your tweets and wish I could say, "Stop helping the situation?"

She nodded her head as she said it.

"There are very few people who wouldn't be just seen as a figurehead CEO of Twitter and Linda Yaccarino is one of them," said Mike Proulx, who leads Forrester's chief marketing officer research team. "She's a well-respected force in the industry whose credibility with advertisers speaks for itself."
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
Political Censorship: French Prosecutors Raid Musk’s X Offices in Paris
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
France Begins Phasing Out Zoom and Microsoft Teams to Advance Digital Sovereignty
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Global Shifts in War, Trade, Energy and Security Mark Major International Developments
Markets Jolt as AI Spending, US Policy Shifts, and Global Security Moves Drive New Volatility
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
Starmer Signals UK Push for a More ‘Sophisticated’ Relationship With China in Talks With Xi
Shopping Chatbots Move From Advice to Checkout as Walmart Pushes Faster Than Amazon
The AI Hiring Doom Loop — Algorithmic Recruiting Filters Out Top Talent and Rewards Average or Fake Candidates
Putin’s Four-Year Ukraine Invasion Cost: Russia’s Mass Casualty Attrition and the Donbas Security-Guarantee Tradeoff
Storm-Triggered Landslide in Sicily Pushes Cliffside Homes to the Edge as Evacuations Continue
WhatsApp Develops New Meta AI Features to Enhance User Control
Germany Considers Gold Reserves Amidst Rising Tensions with the U.S.
Michael Schumacher Shows Significant Improvement in Health Status
Trump Claims “Total” U.S. Access to Greenland as NATO Weighs Arctic Basing Rights and Deterrence
Air France and KLM Suspend Multiple Middle East Routes as Regional Tensions Disrupt Aviation
Poland delays euro adoption as Domański cites $1tn economy and zloty advantage
Gold Jumps More Than 8% in a Week as the Dollar Slides Amid Greenland Tariff Dispute
Boston Dynamics Atlas humanoid robot and LG CLOiD home robot: the platform lock-in fight to control Physical AI
United States under President Donald Trump completes withdrawal from the World Health Organization: health sovereignty versus global outbreak early-warning access
Tech Brief: AI Compute, Chips, and Platform Power Moves Driving Today’s Market Narrative
NATO’s Stress Test Under Trump: Alliance Credibility, Burden-Sharing, and the Fight Over Strategic Territory
Greenland, Gaza, and Global Leverage: Today’s 10 Power Stories Shaping Markets and Security
High-Speed Train Collision in Southern Spain Kills at Least Twenty-One and Injures Scores
No Sign of an AI Bubble as Tech Giants Double Down at World’s Largest Technology Show
Trump to hit Europe with 10% tariffs until Greenland deal is agreed
Cybercrime, Inc.: When Crime Becomes an Economy. How the World Accidentally Built a Twenty-Trillion-Dollar Criminal Economy
Woman Claiming to Be Freddie Mercury’s Secret Daughter Dies at Forty-Eight After Rare Cancer Battle
EU Seeks ‘Farage Clause’ in Brexit Reset Talks With Britain
Germany Hit by Major Airport Strikes Disrupting European Travel
Russia Deploys Hypersonic Missile in Strike on Ukraine
There is no sovereign immunity for poisoning millions with drugs.
Béla Tarr, Visionary Hungarian Filmmaker, Dies at Seventy After Long Illness
German Intelligence Secretly Intercepted Obama’s Air Force One Communications
The U.S. State Department’s account in Persian: “President Trump is a man of action. If you didn’t know it until now, now you do—do not play games with President Trump.”
President Trump Says United States Will Administer Venezuela Until a Secure Leadership Transition
Delta Force Identified as Unit Behind U.S. Operation That Captured Venezuela’s President
Europe’s Luxury Sanctions Punish Russian Consumers While a Sanctions-Circumvention Industry Thrives
Europe’s Largest Defence Groups Set to Return Nearly Five Billion Dollars to Shareholders in Twenty Twenty-Five
Diamonds Are Powering a New Quantum Revolution
The Battle Over the Internet Explodes: The United States Bars European Officials and Ignites a Diplomatic Crisis
Fine Wine Investors Find Little Cheer in Third Year of Falls
Caviar and Foie Gras? China Is Becoming a Luxury Food Powerhouse
Hackers Are Hiding Malware in Open-Source Tools and IDE Extensions
Traveling to USA? Homeland Security moving toward requiring foreign travelers to share social media history
Trump in Direct Assault: European Leaders Are Weak, Immigration a Disaster. Russia Is Strong and Big — and Will Win
EU Firms Struggle with 3,000-Hour Paperwork Load — While Automakers Fear De Facto 2030 Petrol Car Ban
White House launches ‘Hall of Shame’ site to publicly condemn media outlets for alleged bias
×