The Major Social Media Platforms Are All Rejecting Paid Ads for Alex Gibney’s ‘Musk’ (Exclusive)
News/Updates
(www.hollywoodreporter.com)
emoji 2
In 2024, 10% of Meta’s annual revenue ($16B) was derived from ads for scams or banned goods (Source). Even better, they actually charge a higher price for ads that are automatically flagged as potentially problematic, augmenting the revenue generating capability of, and Meta’s dependence on, these ads. Internal documents also showed that Meta consciously chose a tempered approach to combatting such ads because of the revenue they bring in. But Zuckerberg draws the line at accepting ad revenues from a movie about an awful tech bro. Cool.