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Disney strips ads from Facebook to join growing boycott over handling of hate speech, WSJ reports

The Walt Disney Company (NYSE:DIS) has pulled all ad spending from Facebook Inc (NASDAQ:FB), accordi..

The Walt Disney Company (NYSE:DIS) has pulled all ad spending from Facebook Inc (NASDAQ:FB), according to a Wall Street Journal report on Saturday, becoming the latest company to snub the social media giant.

Disney was Facebook's top US advertiser, the report said, citing the research firm Pathmatic Inc.

The Coca-Cola Company (NYSE:KO), Starbucks Corporation (NASDAQ:SBUX), Target, The Unilever Group (NYSE:UL) and others have all joined the #StopHateforProfit ad boycott in recent weeks, criticizing the tech titans handling of hate speech and disinformation, including content from President Trump.

READ: Uber joins fight against coronavirus pandemic by offering contact tracing service

The plan for many companies is to boycott ad spending on the social network for at least a month, but Disney didnt make a public Read More – Source



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