Home Ad Exchange News EU Court Says Sites Liable For Facebook APIs; Vice Explores Merger With Refinery29

EU Court Says Sites Liable For Facebook APIs; Vice Explores Merger With Refinery29

SHARE:

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here.

Pulling The Plug

Companies that use a plug-in to display Facebook’s ‘like’ button on their websites are jointly liable for any customer data transferred through the widget under GDPR, the EU’s top court ruled on Monday. The court was looking at the case of Fashion ID, a German online retailer that was found transferring data from site visitors back to Facebook without users’ knowledge or permission, even if those visitors didn’t click the Facebook like button, CNET reports. While the court ruled that companies are not responsible for data after it’s passed to Facebook, they are required to disclose the data-sharing arrangement. Going forward, companies will need to explicitly tell EU consumers when they are sending data to Facebook or any other social platform through a plug-in. More.

Strength In Numbers

The digital media consolidation wave continues. Vice is in talks to buy Refinery29, The Wall Street Journal reports. The deal, which is not yet complete, would bring together two of the buzziest venture-backed digital media companies in the United States. Both Vice and Refinery29 raised hundreds of millions during the boom days of digital media, but have struggled to justify their lofty valuations in recent years as traffic and revenue slipped. Both companies have laid off staff and are looking to diversify revenue beyond advertising. Refinery29 is investing in video shows and a licensing business, while Vice is doubling down on its studio business under CEO Nancy Dubuc. More

Big Dogs Of Digital

Online advertising has skyrocketed in the past decade, but not every marketer is spending freely. Small business ad spend rates have plateaued, and marketing as a percentage of an average business’s expenses has even gone down, GroupM global president of business intelligence Brian Wieser writes in a blog post. Indeed much of the growth in digital ads has been powered by… digital brands. Facebook, Amazon, Netflix, Google, Booking, eBay, IAC and Uber spent a collective $26 billion on advertising last year. “Many of them are more heavily dependent upon paid advertising than most ‘traditional’ marketers ever will be, with several spending more than half of their revenue on advertising,” according to Wieser. More.

But Wait, There’s More

You’re Hired

Must Read

Comic: Season's Beatings

Enjoy this weekly comic strip from AdExchanger.com that highlights the digital advertising ecosystem … 

6 (More) AI Startups Worth Watching

The founders of six AI startups offer insights on the founding journey and what problems their companies are solving.

Nielsen and Roku Renew Their Vows By Sharing Even More Data With Each Other

Roku’s streaming data will now be integrated into Nielsen’s campaign measurement and outcome tools, the two companies announced on Monday,

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Broadcast Radio Is Now Available Through DSPs

Viant struck a deal with IHeartMedia and its Triton Digital advertising platform that will make IHeart’s broadcast radio inventory available through Viant’s DSP.

Lionsgate Enters The Ads Biz With An Exclusive Ad Server

The film and TV studio Lionsgate has chosen Comcast’s FreeWheel as its exclusive ad server to help manage and sell the growing volume of ad inventory Lionsgate creates with new FAST channels.

Layoffs

The Trade Desk Lays Off Staff One Year After Its Last Major Reorg

The Trade Desk is cutting its workforce. A company spokesperson confirmed the news with AdExchanger. The layoffs affect less than 1% of the company.