About Media Industry

BNET Media provides daily industry trends and news coverage with insights for managers and executives in publishing, print, broadcast, film, and online media. In addition to media company profiles, we bring you industry analysis on new partnerships, media products, mergers and acquisitions, labor and cost management, media buying, investments and a host of other important business issues.

New Pay-Per-Tweet Scheme a Threat to Twitter?

By David Weir | Jun 5, 2009

It may be just another “#followfriday” over at Twitter, but it seems to be me who can’t stop following the micro-blogging service on this particular Friday. This is my third post of the day on developments at Twitter, and it’s not that I planned it that way.

(BTW, the previous two dealt with Twitter’s role as a radical management innovator, and the growing adoption of Twitter by small businesses.)

No, I’m not growing obsessed here. Rather, it may be one measure of Twitter’s increasing significance for the media industry that so many newsworthy events are now engulfing it that a media industry blog like this one could probably profitably transform itself into an all-Twitter-all-the-time service and do quite fine.

Don’t worry. That is not in our playbook.

It’s been almost two months since we looked into the possible impact a then-emergent pay-per-tweet scandal might have on Twitter. Tonight, there is additional news on that front. Over on Mashable, Adam Ostrow is asking, “Will Pay For Tweet Ruin Twitter?

Izea, reports Ostrow, the company whose name used to be (literally) Pay Per Post, is preparing to move in on Twitter with what AdAge reports will be called “Sponsored Tweets.” To attempt to answer Ostrow’s question, I’d say, “No, this won’t ruin Twitter.”

Why?

Ostrow notes the reason himself. Izea’s efforts at paying Twitterers to hawk products will be transparent, easily discoverable by anyone who sees them: “Sponsored Tweets will carry disclosure in the form of a #spon hashtag. In other words, if someone is being paid to tweet about a product, it will be disclosed, assuming that users follow the rules.”

As with all such issues, disclosure is key. Izea’s program may make a few bucks for some people on Twitter, but they will probably lose followers in the process. Meanwhile, the honest promotion of ideas, products and people will continue unabated.

In addition to serving as a BNET Media analyst/blogger, David Weir is a veteran journalist and the author of several books. Weir is a co-founder and vice-president of the Center for Investigative Reporting, as well as an editorial board member of The Nation.

BNET User Analysis

Web Buzz:
  • Tweets Hit 50 Million/Day; Where is the Money?

    BNET Media - 3 days 14 hours 30 minutes ago

    Twitter recently announced that its content volume has reached 50 million Tweets a day. But many in media are still trying to get a handle on how to best to measure Twitter’s impact, let alone monetize the social media channel. Case in point: CNN reported the other day that new research indicates that only 27 percent of Twitter users are...

  • Twitter update: News, blogs, opinions and more about the microblogging service

    Computer World - 26 days 14 hours 33 minutes ago

    I would like to receive offers via e-mail from Computerworld partners. Websense said its security analysts found that spam had started spreading through the new Google Buzz social network just two days after its unveiling. Mike Elgan: How Google Buzz for mobile will change your life For people with the latest iPhone or Android phone,...

  • Facebook and Twitter Compete for Olympic Glory

    International Herald Tribune - 32 days 14 hours 40 minutes ago

    By BRAD STONE Each Olympics brings one or two novel new events. At the 2010 Olympic Winter Games, which start in Vancouver on Friday, there is Ski Cross, in which four skiers plunge down a mountain at the same time. Then there is an unofficial competition that we’ll call the Social Media Slalom. That is the race between the Web’s...

  • China's president skips Twitter, opens state-tied microblog

    Computerworld - 21 days 14 hours 45 minutes ago

    Chinese president Hu Jintao has opened a microblog, adopting the technology despite his government's work to stifle free speech by microblog users in China. Twitter has been blocked in China since last year and authorities are asking its Chinese rivals to censor messages posted by users, adding another page to China's playbook for quashing...

  • China's President Skips Twitter, Opens State-tied Microblog

    PC World - 21 days 22 hours 15 minutes ago

    Chinese president Hu Jintao has opened a microblog, adopting the technology despite his government's work to stifle free speech by microblog users in China. Twitter has been blocked in China since last year and authorities are asking its Chinese rivals to censor messages posted by users, adding another page to China's playbook for quashing...

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a>)

advertisement
advertisement
advertisement