InvestorsHub Logo
Followers 245
Posts 55847
Boards Moderated 12
Alias Born 04/12/2001

Re: scion post# 21857

Thursday, 03/23/2017 10:11:50 AM

Thursday, March 23, 2017 10:11:50 AM

Post# of 48180
J&J latest to suspend ads from YouTube over offensive videos

Thu Mar 23, 2017 | 1:04pm GMT
http://uk.reuters.com/article/uk-google-youtube-idUKKBN16U1O3

U.S. healthcare conglomerate Johnson & Johnson (JNJ.N) became the latest company to suspend all digital advertising on Google's YouTube, over concerns that its ads may have appeared on channels that broadcast offensive videos.

Wireless carriers Verizon (VZ.N) and AT&T (T.N) said on Wednesday they would suspend digital ads on YouTube, joining a list of well-known British brands such as retailer Marks and Spencer Group Plc (MKS.L) deserting Alphabet Inc's (GOOGL.O) Google.

Google has come under intense scrutiny for ads appearing alongside videos on YouTube carrying homophobic or anti-Semitic messages. The company on Tuesday vowed an overhaul of its practices.

Control over online ad placement has become a hot button for advertisers, with social networks and news aggregators coming under fire during and after the U.S. presidential election for spreading so-called fake news reports.

Advertisers have also sought to avoid having their brands appear beside content that they categorize as hate speech.

J&J said on Thursday it wanted to ensure that its product advertising did not appear on channels that promote "offensive content." ( bit.ly/2nqZNJD )

YouTube has been a key driver of growth for Google as its traditional business of search advertising matures. Google's net ad revenue worldwide from YouTube was $5.58 billion (4 billion pounds) last year, according to New York-based research firm eMarketer.

YouTube was not immediately available for comment.

(Reporting by Natalie Grover in Bengaluru; Editing by Sai Sachin Ravikumar and Saumyadeb Chakrabarty)

http://uk.reuters.com/article/uk-google-youtube-idUKKBN16U1O3

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.