- Disney has slashed its advertising budget on Facebook, the Wall Street Journal reports.
- The news comes after more than 500 advertisers suspended ads on Facebook as part of an industry boycott of the platform over its stance on hate speech.
- Disney was the single biggest advertiser on Facebook in the first half of this year, according to analysis by research firm Pathmatics Inc.
- Visit Business Insider's homepage for more stories.
Disney has slashed its advertising spend on Facebook and Instagram amid a boycott of the social-media platform led by civil-rights groups, the Wall Street Journal reports.
Sources familiar with the matter didn't say how much had been cut, or when the decision was taken.
See the rest of the story at Business Insider
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See Also:
- Facebook is adding a label to all posts about voting from federal officials and political candidates, including the president
- Facebook's annual diversity report shows it's making little headway on boosting its numbers of Black employees
- Silicon Valley and Trump are united against TikTok — for different reasons
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