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Twitter unveils latest revenue effort - promoted hashtags - in first TV ads

The NASCAR partnership is the first step in Twitter’s latest bid to make money from its service.

TWITTER HAS UNVEILED its latest attempt to turn its massively popular microblogging service into a viable, long-term business – promoted hashtags.

The new offerings will see custom-designed pages showcasing content uploaded to the site from high-profile users.

The first such hashtag is #NASCAR, where visitors to twitter.com/#nascar are shown tweets posted by drivers and teams from the stock car racing circuit, which is second only to NFL in terms of TV audiences in the United States.

The set-up is similar to the one Twitter had in place for the FIFA World Cup in 2010, when visitors were shown live tweets featuring the ‘hashflags’ of the participating countries alongside the live scores from matches as they took place.

Twitter already raises cash through sponsored trends, where companies pay $120,000 to put their desired term at the top of the site’s trending topics for 24 hours, and the promoted hashtag is an elaboration on this theme.

Though the site is worth over $8 billion – with its value on private equity markets taking a hit as a result of Facebook’s disastrous flotation – it earned only around $140 million in revenue last year.

The new venture has been featured in the company’s first series of TV ads. You can watch all of them below.

More: Twitter has a new bird

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4 Comments
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    Mute Tony Hardwicke
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    Jan 7th 2017, 8:34 AM

    Profiting on gamblers Is the same as profiting drug addicts there’s always a human cost somewhere along the line

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    Mute Thommo's Big Nose
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    Jan 7th 2017, 8:40 AM

    Zzzz

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    Mute mickmc
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    Jan 7th 2017, 8:55 AM

    True but why we do we always cater for the lowest common denominator in this country. OK it will be a problem for some people who have s gambling addiction but they can gamble 24 hours a day as it is. To the vast majority of us it will be a bit of fun and bring a much needed boost to rural Tipperary and the surrounding counties.

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    Mute Free comment ratings
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    Jan 7th 2017, 10:26 AM

    I gamble a lot. I am definitely up since u started.

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    Mute Michael Lynch
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    Jan 7th 2017, 10:45 AM

    Pubs and off licenses take note…

    16
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    Mute Avina Laaf
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    Jan 7th 2017, 8:17 AM

    They folded

    87
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    Mute Tom Kelly
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    Jan 7th 2017, 9:11 AM

    You’ve got to know when to hold ‘em
    Know when to fold ‘em
    Know when to walk away
    And know when to run
    You never count your money
    When you’re sittin’ at the table
    There’ll be time enough for countin’
    When the dealin’s done

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    Mute Cathal
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    Jan 7th 2017, 10:04 AM

    Like Tipp winning back to back all Ireland’s, it was nothing but a pipe dream

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    Mute John Leamy
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    Jan 7th 2017, 11:58 AM

    If you knew anything about hurling you’d know that Tipperary have achieved back to back All Irelands on 7 occasions.

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    Mute Cathal
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    Jan 7th 2017, 2:38 PM

    Along with regularly supporting my club and county, I’ve missed 4 all Ireland’s since 1982 so I know plenty about it. I should have been more specific and referred to 2010 when all Tipp could talk about was whether they’d win 3 or 4 in a row. Also as I’m sure you’re well aware, it’s over half a century since Tipp won 2 in a row

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    Mute Philip O'Connell
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    Jan 7th 2017, 4:15 PM

    What has you going to all Irelands got to do with a casino in two mile Borris?

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    Mute John Considine
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    Jan 7th 2017, 10:36 AM

    How do you ‘quietly’ apply for planning permission?

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    Mute John C Thomas
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    Jan 7th 2017, 10:45 AM

    Brown paper bag!

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    Mute Unitedpeople
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    Jan 7th 2017, 12:40 PM

    @John Considine: Contact a few of the older party reps – bung them a few ‘bob and they might tell you? Mind you, your actions in doing so, might be already a clue?

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    Mute James Onedin
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    Jan 7th 2017, 10:23 AM

    Emmmmm, no one actually thought these ‘projects’ were going to go ahead, did they?

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    Mute Greg Blake
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    Jan 7th 2017, 1:41 PM

    Ha ha … Investors wanted, apply here.

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    Mute Messer
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    Jan 7th 2017, 11:55 AM

    In fairness Two Mile Borris has 2 shops, 2 pubs and a primary school. Its a village, not ideal for a casino. I don’t know how Quirky( not a typo, that’s what he’s actually called in Thurles) thought it would work.

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    Mute Thomas Linehan
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    Jan 7th 2017, 1:28 PM

    Is bannons bar still there

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    Mute Messer
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    Jan 7th 2017, 5:27 PM

    It sure is. Lanigans have it now. Its still doing great trade

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    Mute Paul Tao
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    Jan 8th 2017, 1:24 AM

    @Messer: Las Vegas was a desert with nothing.. What’s your point? Everything has to start somewhere..

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    Mute Seán Mag Shamhráin
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    Jan 7th 2017, 6:29 PM

    Why shouldn’t it go ahead? Maybe it would do some good for the smaller parts or Ireland, or do we have to just build in major city’s like Dublin and cork? It’s a center point in Ireland, easily accessed from motorways, no major traffic problems unlike the city’s!

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    Mute Rosa Parks
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    Jan 7th 2017, 9:34 AM

    Is this the Enda gambling?

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    Mute Michael Kearns
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    Jan 7th 2017, 3:52 PM

    Is anyone else singing las Vegas in hills of donegal after reading this? Going to be in my head all day now!!!

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    Mute John Reese
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    Jan 7th 2017, 7:08 PM

    If it was built it would prob be full of refugees now

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    Mute Mr. G
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    Jan 7th 2017, 10:45 AM

    “The Tippetary Venue” is abit of a mouthful

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    Mute Dublin Living
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    Jan 7th 2017, 11:12 AM

    @Mr. G: There’s no such word as ‘abit’.

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    Mute John Considine
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    Jan 7th 2017, 12:44 PM

    No such place as ‘Tipperary’ either…

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    Mute Jackson Bollovks
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    Jan 8th 2017, 12:21 AM

    Meanwhile back on planet earth

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    Mute Seán Mag Shamhráin
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    Jan 7th 2017, 6:32 PM

    Maybe it should go ahead!

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    Mute Caelum Rosenkranz
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    Jan 7th 2017, 11:42 AM

    Loving these

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    Mute Alois Irlmaier
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    Jan 7th 2017, 6:07 PM
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