• 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 Analysts Project Potential Recovery for Shiba Inu

chest

Market analyst Crypto GVR predicts a potential price recovery for Shiba Inu, targeting higher levels in the near future.

user avatarBayarjavkhlan Ganbaatar

Shiba Inu Developer Urges Focus on Ecosystem Amid Price Decline

chest

Shiba Inu's lead developer urges investors to focus on long-term goals and ecosystem development amid price decline.

user avatarMohamed Farouk

Analysts Uncover Complex Factors Influencing Bitcoin Pricing

chest

Analysts highlight the multifaceted factors influencing Bitcoin's price, emphasizing the interaction between the halving cycle and macroeconomic indicators.

user avatarElias Mukuru

New Surveillance Footage Released in Nancy Guthrie Case

chest

New surveillance footage shows a masked individual tampering with Nancy Guthrie's front door camera on the day of her disappearance.

user avatarKenji Takahashi

New Bitcoin Ransom Demand Emerges in Nancy Guthrie Case

chest

A new ransom note has surfaced in the case of Nancy Guthrie, demanding 1 Bitcoin for information about her whereabouts.

user avatarDiego Alvarez

Pepe Memecoin Wallets Show Accumulation Despite Market Bearishness

chest

The top 100 wallets of the Pepe memecoin have accumulated 2.302 trillion PEPE over the past four months, indicating potential for a breakout as market sentiment improves.

user avatarMaria Fernandez

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.