• 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

Robert Dunlap Sentenced to 23 Years for Cryptocurrency Fraud

chest

Robert Dunlap has been sentenced to 276 months in federal prison for orchestrating a $20 million cryptocurrency fraud scheme involving the Meta 1 Coin.

user avatarAyman Ben Youssef

Dunlap's Lavish Lifestyle Funded by Fraudulent Scheme

chest

Dunlap funded a lavish lifestyle through a fraudulent scheme, spending $215,000 on a Ferrari and other luxury items while deceiving investors.

user avatarZainab Kamara

Dunlap's Fraud Involved Fake Art and Gold Claims

chest

Dunlap falsely claimed that his Meta 1 Coin was backed by a $1 billion art collection and $2 billion in gold, deceiving investors.

user avatarSon Min-ho

Senator Blumenthal Increases Examination of Binance Regarding Iran Transactions.

chest

Senator Blumenthal is intensifying his investigation into Binance regarding its transactions related to Iran, focusing on compliance with US and international sanctions.

user avatarTando Nkube

Family Challenges Suicide Ruling in Ashly Robinson's Death

chest

The family of Ashly Robinson is contesting the Tanzanian police's ruling of suicide following her death in Zanzibar.

user avatarNguyen Van Long

Joe McCann's Passport Held by Police Amid Investigation into Fiancée's Death

chest

Joe McCann, founder of the crypto hedge fund Asymmetric, is under investigation by Tanzanian police after the death of his fiancée, Ashly Robinson, who was found unresponsive in her hotel room. Authorities ruled her death a suicide but are holding McCann's passport pending autopsy results.

user avatarKofi Adjeman

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.