UM Media Scoop: 14th October 2022

Why is this important?

TikTok is by far the fastest growing app in terms of user base, especially amongst a younger demographic who are naturally very vulnerable when it comes to mental health issues. Therefore, it’s essential that TikTok is doing everything it can to protect these users, combatting mental health concerns at both ends, whether that be the cause (e.g. creator pressure or negative comments) or the effects on its users. This is a positive step to see TikTok heavily promote its available support features.

Why is this important?

This is useful for smaller publishers who don’t have the capacity or resources to capitalise on first-party data. Additionally, Google’s support of publishers use of its first-party data will only enhance the bottom line, as privacy concerns and ad relevance becomes more prevalent.

Why is this important?

Netflix reported a loss of 970,000 subscribers and a revenue slow down from 19% growth in Q2 2001 to 9% in Q2 2022, to $7.9bn. It said it would be forging strong relationships with advertisers and cracking down on log-in sharing to counter its decline. The streaming giant has signed up with cross-industry-owned audience currency Barb, which said, according to data for September 2022, that Netflix had an 8.2% share of total viewing, outperforming rivals Amazon Prime Video (3.6%), Disney+ (3%) and other services (0.3%).