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Social Media Companies Cashing In Big On Youth Ad Revenue

Social Media Companies Cashing In Big On Youth Ad Revenue

(Undated) -- Social media companies are cashing in big on youth ad revenue. A new study from the Harvard T.H.Chan School of Public Health found Facebook, Instagram, Snapchat, TikTok, X and YouTube collectively made nearly 11-billion dollars in ad revenue from U.S. kids under 18 in 2022. While these social media platforms claim they can self-regulate their practices to reduce harms to young people, researchers say the study suggests the companies earn so much money from kids they continue to delay meaningful steps to protect children. Researchers add the findings show a need for government regulation of social media.


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