• 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

Massive 222 Million USDT Transfer from OKX Raises Market Speculation

chest

A significant transfer of 222,692,703 USDT from OKX to an unknown wallet has sparked speculation in the cryptocurrency market.

user avatarAisha Farooq

France Proposes Mandatory Reporting for Self-Custodied Crypto Holdings

chest

The French government is considering a bill that would require individuals to report cryptocurrency holdings exceeding 5,000 euros.

user avatarTenzin Dorje

LUNA Prices Surge 40% Following Do Kwon's Sentencing

chest

LUNA prices surged by 40% following the sentencing of Do Kwon, reflecting market reactions and shifting investor sentiment.

user avatarBayarjavkhlan Ganbaatar

Anonymous Solo Miner Strikes Gold with 31 BTC Reward

chest

An anonymous solo miner successfully mined a Bitcoin block, earning a reward of 31 BTC, valued at approximately $280,000, on December 11th.

user avatarMohamed Farouk

Nvidia Faces Increased Competition from Chinese Chipmakers

chest

Nvidia is facing increased competition from local Chinese chipmakers like Kunlunxin as China prioritizes domestic technology.

user avatarArif Mukhtar

YouTube Integrates PayPal's PYUSD Stablecoin for Creator Payments

chest

YouTube has integrated PayPal's PYUSD stablecoin as a payment method for content creators, marking a significant step towards cryptocurrency adoption.

user avatarElias Mukuru

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.