Here are the major brands that have pulled ads from Facebook

Posted on AllSides June 30th, 2020
From The Center

Since an advertising boycott of Facebook Inc. was organized in mid-June, a veritable Who’s Who of major brands have either added their names to the #StopHateForProfit campaign or otherwise pulled their ads.

Facebook makes almost all of its revenue via advertising. Still, analysts are expecting the company to take a less-than-5% revenue hit due the boycott. The social-media giant has more than 8 million paying advertisers, Rohit Kulkarni, executive director at MKM Partners, noted this week in a note to clients.

Civil rights groups have called on large advertisers to...

Read full story

AllSides Picks

https://www.marketwatch.com/story/here-are-the-major-brands-that-have-pulled-ads-from-facebook-2020-06-30

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right