• 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

Cardano's Price Prediction for 2025: A Pivotal Year Ahead

chest

Analysts predict a pivotal year for Cardano's ADA price in 2025, with various scenarios outlined.

user avatarJacob Williams

Will ADA Reach $2 by 2026? Analyzing the Possibilities

chest

The possibility of ADA reaching $2 by 2026 is analyzed based on various influencing factors such as ecosystem growth, market conditions, and regulatory environment.

user avatarAndrew Smith

Long-Term Projections for Cardano from 2027 to 2030

chest

Long-term price predictions for Cardano's ADA from 2027 to 2030 suggest various scenarios, including a base case of $3.5, a bull case of $8-12, and a bear case of $1-2.

user avatarDavid Robinson

Kaspa's Unique Approach to Decentralization

chest

Kaspa's design allows for easier participation in the network by reducing storage requirements and sync times for nodes.

user avatarZainab Kamara

Kenya Launches New Unit to Tackle Rising Crypto Fraud

chest

The Directorate of Criminal Investigations in Kenya has launched a new unit to tackle the rising issue of cryptocurrency fraud, which has led to significant financial losses among local investors.

user avatarSon Min-ho

Surge in Crypto Fraud Losses in Kenya Sparks Increased Law Enforcement

chest

Kenya has seen a significant rise in cryptocurrency fraud losses, with reports indicating that Kenyans lost KES 231.5 million to cybercrime in 2024. Law enforcement has intensified efforts, resulting in numerous arrests linked to crypto fraud.

user avatarAyman Ben Youssef

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.