• 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

Market Sentiment Shifts Against Bitcoin-Heavy Firms

chest

Investors are increasingly valuing Bitcoin-heavy firms based on their holdings rather than potential growth, marking a shift in market sentiment.

user avatarDavid Robinson

Oracle Partners with OpenAI for Massive Cloud Infrastructure Deal

chest

Larry Ellison's Oracle has partnered with OpenAI to create a national AI data center plan called Stargate, addressing the urgent need for more computing power.

user avatarAndrew Smith

BYUSDT Trading Competition with 700,000 USDT Prize Pool Announced

chest

Bybit has announced a trading competition for its newly launched BYUSDT token, with a total prize pool of 700,000 USDT. The competition starts at 10 am UTC on December 15.

user avatarZainab Kamara

Bybit Launches BYUSDT Token Exclusively for VIP Users.

chest

Bybit has launched BYUSDT, a proprietary token for VIP users, allowing them to convert USDT balances into trading margin while earning yield.

user avatarJacob Williams

Analysts Predict Potential Volatility in Bitcoin Market

chest

Analysts suggest that a liquidity sweep may occur early in the week, impacting Bitcoin's price direction.

user avatarSon Min-ho

Bitcoin and Astar Remain Strong but Slower Growth Options

chest

Bitcoin and Astar are recognized for their stability and steady growth, appealing to conservative investors.

user avatarKaterina Papadopoulou

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.