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Social media companies made $11 billion in US ad revenue from minors, Harvard study finds

The researchers say the findings show a need for government regulation of social media since the companies that stand to make money from children who use their platforms have failed to meaningfully self-regulate. To come up with the revenue figure, the researchers estimated the number of users under 18 on Facebook, Instagram, Snapchat, TikTok, X (formerly Twitter) and YouTube in 2022 based on population data from the U.S. Census and survey data from Common Sense Media and Pew Research.
New York United States American Academy Of Pediatrics Pew Research Behavioral Sciences At Harvard Public Health
Source: yahoo.com

Social media companies made $11B in ad revenue from minors

Social media platforms are not the first to advertise to children, and parents and experts have long expressed concerns about marketing to kids online, on television and even in schools. But online ads can be especially insidious because they can be targeted to children and because the line between ads and the content kids seek out is often blurry.
United States New York Barbara Ortutay Pew Research American Academy Of Pediatrics Haleluya Hadera Associated

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