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Disney cuts ad spending on FB amid growing boycott on hate speech: Report

Disney joins other companies like Starbucks Corp, Unilever Plc, Adidas AG and others that have pulled advertising from the tech giant

Photo: Shutterstock
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Disney has also paused ad spending on Facebook-owned Instagram for its another streaming service called Hulu, the report added. | Photo: Shutterstock

Reuters

Walt Disney has become the latest company to slash its advertising spending on Facebook Inc as the social media giant faces an ad boycott over its handling of hate speech and controversial content, the Wall Street Journal reported n Saturday, citing people familiar with the situation.

Disney joins other companies like Starbucks Corp, Unilever Plc, Adidas AG and others that have pulled advertising from the tech giant.
 

The time frame for Disney's pullback wasn't clear as some brands paused their ad spending for longer stretches, the