Top media execs wonder how Twitter will make money

July 8, 2009
Twitter logo

(AP) -- Major media executives are impressed with Twitter's growing popularity as a communications tool. They just can't figure out how the online messaging service is going to make money.

Twitter's business model was a hot topic Wednesday as an exclusive media summit began at a posh resort in the Idaho mountains.

The skepticism about Twitter's potential surfaced during a panel focusing on how to capitalize on digital media. That's according to panel moderator Ken Auletta of The New Yorker magazine. Other reporters were locked out.

Two of the panel participants, InterActiveCorp CEO Barry Diller and cable TV mogul John Malone, amplified on their Twitter doubts in separate interviews.

CEO Evan Williams declined an interview request as he left the digital media session.

©2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Explore further: Twitter tormented by nettlesome computer program

Related Stories

Twitter co-founders are mum on revenue plans

May 27, 2009

(AP) -- Twitter Inc.'s co-founders say the rapidly growing online communications company will eventually charge fees for its services, but it's unclear which ones and what will drive revenue.

New mafia game hits up Twitter players for money

June 23, 2009

(AP) -- Twitter Inc.'s founders still haven't decided how to cash in on their popular Internet messaging service - to the delight of a rapidly growing audience. But the deliberate approach may not prevent a gold rush among ...

Recommended for you

The ethics of robot love

November 25, 2015

There was to have been a conference in Malaysia last week called Love and Sex with Robots but it was cancelled. Malaysian police branded it "illegal" and "ridiculous". "There is nothing scientific about sex with robots," ...

Glider pilots aim for the stratosphere

November 20, 2015

Talk about serendipity. Einar Enevoldson was strolling past a scientist's office in 1991 when he noticed a freshly printed image tacked to the wall. He was thunderstruck; it showed faint particles in the sky that proved something ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.