Surprisingly few of the top 100 national advertisers own the Twitter accounts named for their companies, putting brands in jeopardy and spelling possible legal trouble for the microblogging site, Ad Age reports.
One of these advertisers is Hyundai, which is now contemplating a lawsuit against Twitter Inc. , after getting fed up with the process to take back its brand name -- currently tied to this Twitter account instructing visitors to "Have a Lusty Day."
"They simply haven't responded to requests," Chris Hosford, Hyundai's VP of corporate communications, told Ad Age. "Our brand name is extremely important to us... We're very disappointed that Twitter has shown no interest in protecting brand names."
Companies like Wal-Mart, General Motors, General Electric, Comcast, Eli Lilly, Kellogg, MasterCard, Nestle, and Walt Disney have suffered similar fates on the microblogging site. Part of the problem may be that marketers haven't yet been let in on Twitter's "Verified Account" program, though supposedly a "Twitter Pro" service for companies is coming soon.
Twitter's head of commercial products, Anamitra Banerji, had this to say to Ad Age: "We understand brands' frustration when it comes to account verification. We are working on ways to make the process easier and faster... Given the volume of requests we receive, sometimes it might take a little while to close requests but we are trying to improve that too."
Some companies have had more luck than Hyundai. Home Depot was able wrangle @homedepot back from a squatter, with Twitter's help, though it took a full year.
In other news:
News Corp. (NYSE: NWS)'s Rupert Murdoch said in an interview with Sky News Australia that once the company enacts its plan to charge for content on all of the company's news sites, it will remove these sites from
Google (Nasdaq: GOOG)'s indexes. When asked by the interviewer if Google helps sites by directing traffic to them, Murdoch said, "What's the point of having someone come occasionally who likes a headline they see in Google? Sure, we go out and say we've got so many millions of visitors, you'd better advertise, and so on. But the fact is there's not enough advertising in the world to go around to make all the Websites profitable. We'd rather have fewer people coming to our Website, but paying."
He added, "If they're just search people... They don't suddenly become loyal readers of our content."
The lawsuit AT&T recently filed against Verizon over ads hasn't stopped Verizon from taking yet another swipe at the telco in a new line of ads -- and using the same 3G coverage map that AT&T disputed in its complaint. Perhaps more important: The new ads -- in which the iPhone is cast away to the Island of Misfit Toys, for example -- are also shamelessly Christmas-themed, before Thanksgiving, no less.
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