Three of the so-called FAANG companies saw their advertising expenses drop for the first time in a decade in 2020.
The results well exceed Disney’s expectations of hitting 90 million global subscribers by 2024.
Revenue soared by 24% in 2020 as platform cut ad expense.
As its subscriber base crosses 200 million, the video streamer's annual revenue grew 24% year-over-year to cross $25 billion. Operating profit was up 76% to $4.6 billion.
The Bollywood star speaks to Campaign about why he endorses the brands he does, why he enjoys working on ads, and how important it is not to take yourself too seriously
TOP OF THE CHARTS: Hong Kongers watch 67 hours of video a week, as eyeballs shift to social-media sites at the expense of free TV, according to a new report from Omnicom Media Group.
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