• 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

XRPL Lending Proposal Opens Door To Institutional Credit

chest

The XRPL community is currently voting on amendments that could enhance institutional credit infrastructure on the XRP Ledger.

user avatarArif Mukhtar

TRON Stablecoin Volume Reaches 196T Amid Rising USDT Demand

chest

In Q1 2026, TRON processed a staggering 196 trillion in stablecoin transactions, primarily fueled by the low-fee TRC20 USDT transactions.

user avatarMaria Gutierrez

Diverging Futures Trends for Solana and Dogecoin

chest

Recent market activity shows a significant divergence in the futures trends of Solana and Dogecoin, with Dogecoin's open interest falling and Solana's rising, indicating different market sentiments.

user avatarDavid Robinson

XRP Shows Positive Onchain Activity Amid Reduced Speculative Leverage

chest

XRP shows a significant increase in daily active addresses alongside a decrease in speculative derivatives leverage, indicating a healthier market environment.

user avatarAndrew Smith

Binance Withdraws MiCA Application from Greece

chest

Binance has withdrawn its MiCA application from Greece after reports indicated it would be denied, seeking approval through another EU member nation.

user avatarZainab Kamara

Binance Faces $200 Million Lawsuit in the UK

chest

Binance and its founder Changpeng Zhao are facing a UK lawsuit seeking nearly $200 million for allegedly offering complex financial instruments without regulatory approval.

user avatarJacob Williams

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.