• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Netflix Reportedly Paid $100 Million to Access Facebook Users' Private Chats

user avatar

by Giorgi Kostiuk

2 years ago


A recent update suggests that Netflix paid a significant sum of $100 million to Facebook for the ability to read the private messages of its users. The information comes from a shared document by an individual named Deedy and was reported on Watcher Guru.

As per the document, Facebook granted Netflix access to users' private messages in exchange for insight into the streaming company's watch history. Additionally, Netflix reportedly paid over $100 million to Facebook for this privilege.

It is mentioned that there has been a long-standing relationship between Facebook and Netflix. In 2011, Netflix introduced Facebook integration to share user data worldwide, later lobbying the US Congress for the same.

In 2013, Netflix started engaging in several "Facebook Extended API" agreements, including the "Inbox API agreement," enabling the streaming platform to programmatically access user private messages on Facebook.

Moreover, in August 2013, Facebook provided Netflix access to the "Titan API," allowing the streaming company to reach friends on Facebook. The close partnership between the two companies spanned almost a decade, with Netflix's then-CEO Hastings playing a vital role.

Throughout this period, Netflix's advertising spending on Facebook increased significantly, with ad spends reaching around $150 million annually by early 2019.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

World Liberty Financial Sues Justin Sun for Defamation

chest

World Liberty Financial has filed a defamation lawsuit against Justin Sun, accusing him of orchestrating a smear campaign to damage the company's reputation and manipulate token prices.

user avatarMaria Fernandez

Crypto Analyst Shares Longterm Investment Plans for XRP Holders

chest

Vincent Van Code shares five major investment strategies for longterm XRP holders, emphasizing security and patience amidst market volatility.

user avatarGustavo Mendoza

Ethereum Surpasses Bitcoin in Onchain Capital Movement

chest

Ethereum network is now moving more value onchain than Bitcoin, indicating a shift in market dynamics.

user avatarRajesh Kumar

US Military Operation 'Project Freedom' Affects Global Markets

chest

The US military begins escorting vessels through the Strait of Hormuz, impacting oil prices and market sentiment.

user avatarMiguel Rodriguez

Drift Protocol Announces Recovery Plan Following Major Hack

chest

Drift Protocol has announced a comprehensive recovery plan to compensate users affected by the recent hack attributed to North Korean hackers.

user avatarLuis Flores

AI Transforms Brazilian Nursery Rhyme into 1950s Blues Track

chest

An account named IABatida has turned the popular Brazilian children's song 'O Sapo no lava o pé' into a 1950s-style blues track featuring AI-generated frogs.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.