Netflix’s subscriber growth surged in the first quarter, with the number of U.S. subscribers finishing March at a tad under 70 million, up 2.3 million over December. That was a much faster growth than Netflix saw all through last year in the U.S., reflecting how the pandemic has given the video streaming service a boost. Globally, Netflix reached 182.8 million subscribers, up from 167 million at...
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Meta’s Resistance to Sharing Ad Sales Starts to Crumble
For at least a year, one question has hung over Meta Platforms-owned Facebook and Instagram: whether the apps will introduce a way to share a cut of ad revenues with more creators, similar to how YouTube pays video-makers. Our story today by Sylvia and Kaya goes deep into the debate at Meta over introducing ad-revenue sharing, which some staff viewed as a slippery slope, and a parallel argument...
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Meta Insiders Debate Key Issue for Reels: Whether to Share Ad Dollars With Creators