Social Media Revenue Growth Expected to Slow As TikTok, Apple Compete

CNA:2022-07-21

July 21 (Reuters) - Wall Street is bracing for the slowest global revenue growth in the history of the social media sector, as intensifying competition from TikTok and Apple in advertising threaten to...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

JaiVenky
2022-07-22
JaiVenky
Noise
Vincent1968
2022-07-22
Vincent1968
Ok
Simonnov
2022-07-22
Simonnov
Ic
BG68
2022-07-22
BG68
Please like
sunshine138
2022-07-22
sunshine138
Ok
Remotecam
2022-07-22
Remotecam
Expected

Leave a comment

146

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2253745726?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-07-21 22:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2253745726","market":"us","top_or_hot":-1,"title":"Social Media Revenue Growth Expected to Slow As TikTok, Apple Compete","media":"CNA:","content":"<div>\n<p>July 21 (Reuters) - Wall Street is bracing for the slowest global revenue growth in the history of the social media sector, as intensifying competition from TikTok and Apple in advertising threaten to...</p>\n\n<a href=\"https://t.co/Ol4wSqeKcd\">Source Link</a>\n\n</div>\n","source":"redbox_twitter","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Social Media Revenue Growth Expected to Slow As TikTok, Apple Compete</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSocial Media Revenue Growth Expected to Slow As TikTok, Apple Compete\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://t.co/Ol4wSqeKcd><strong>CNA:</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 21 (Reuters) - Wall Street is bracing for the slowest global revenue growth in the history of the social media sector, as intensifying competition from TikTok and Apple in advertising threaten to...</p>\n\n<a href=\"https://t.co/Ol4wSqeKcd\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNAP","symbol_name":"Snap Inc","start_time":0,"source_url":"https://t.co/Ol4wSqeKcd","article_id":"2253745726","we_media_id":null,"thumbnails":[],"rights":{"source":"redbox_twitter","url":"https://t.co/Ol4wSqeKcd","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2253745726","pubTimestamp":1658414966,"sourceInfo":{"source_id":"redbox_twitter","name":"Redbox"},"weMediaInfo":null,"summary":"July 21 (Reuters) - Wall Street is bracing for the slowest global revenue growth in the history of t","collect":0,"end_time":0,"defaultTopTitle":"t.co","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SNAP":"Snap Inc","PINS":"Pinterest, Inc.","TWTR":"Twitter","META":"Meta Platforms, Inc.","BMBL":"Bumble Inc.","MTCH":"Match Group, Inc."},"translate_title":"随着抖音和苹果的竞争，社交媒体收入增长预计将放缓","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BMBL":0.9,"META":0.9,"MTCH":0.9,"PINS":0.9,"SNAP":0.9,"TWTR":0.9},"content_text":"July 21 (Reuters) - Wall Street is bracing for the slowest global revenue growth in the history of the social media sector, as intensifying competition from TikTok and Apple in advertising threaten to compound economic woes in the second quarter.The dour expectations come after a blowout 2021, when social media ad sales in the United States grew 36% to reach $58 billion as brands increased marketing budgets to recover from the pandemic and reach customers online.But social media platforms have since warned investors and employees that the tide is turning as inflation lingers around 40-year highs, an environment where brands spend less on advertising.Meta Platforms Chief Executive Mark Zuckerberg told employees last month the company was slashing hiring plans and that \"this might be one of the worst downturns that we've seen in recent history.\"Snap Inc, which owns Snapchat and is due to report earnings after the close, earlier said it expected to miss its own quarterly revenue forecast due to deteriorating economic conditions.Global social media ad sales are now expected to grow by 11%, the slowest pace on record, according to media intelligence firm MAGNA, which downgraded the growth forecast from 18%.Analysts had expected some degree of slowing growth after 2021. However, growing competition from viral short-form video app TikTok and Apple has created a \"perfect storm\" and \"investors are rightfully wary\" about digital ad growth this year, wrote Barclays analysts in a research note this month.Apple had already upended the digital ad industry when it introduced new iPhone privacy controls last year that hurt the ability for companies like Meta and Snap to target and measure ads on their apps.Apple's own advertising business, which mostly consists of developers paying to promote their app on the App Store, is expected to grow 36% this year to $6.9 billion, Barclays wrote, adding that Apple and TikTok together will take 34% of every new ad dollar that is spent outside China this year.Lior Eldan, chief operating officer of mobile app marketing agency Moburst, which has worked with brands like Uber and Reddit, said clients are now spending about two to three times more on Apple ads, in part because the effectiveness of ads on other platforms has been degraded by Apple's privacy changes.\"We've seen dramatic increases in budgets on Apple search ads following the privacy changes,\" he said.While still much smaller than behemoths like Facebook and YouTube, TikTok is poised to grow over 200% to become a $12 billion business, Barclays wrote.TikTok remains important for many clients' advertising strategies, said Yvonne Williams, vice president of media at ad agency Code3, which has worked with brands like Gap and Dior.Alphabet's Google, which reports second-quarter earnings on Tuesday, is the company most likely to be shielded from negative effects, because Google Search is \"mission critical\" for many advertisers, analysts from RBC Capital Markets said in a note on Tuesday.Meta, Snap and Pinterest are more exposed to the Apple privacy changes and competition from TikTok, Barclays said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9077981533,"gmtCreate":1658448303322,"gmtModify":1676536159489,"author":{"id":"3585210617348402","authorId":"3585210617348402","name":"JaiVenky","avatar":"https://static.tigerbbs.com/097793f3135b5fb8cb3f03847d72bf1a","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3585210617348402","authorIdStr":"3585210617348402"},"htmlText":"Noise","listText":"Noise","text":"Noise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077981533","repostId":2253745726,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077993387,"gmtCreate":1658446538749,"gmtModify":1676536158668,"author":{"id":"3586393315819735","authorId":"3586393315819735","name":"Vincent1968","avatar":"https://community-static.tradeup.com/news/7f106edb1e06baf3c68462c050422f46","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586393315819735","authorIdStr":"3586393315819735"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077993387","repostId":2253745726,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077071914,"gmtCreate":1658445421838,"gmtModify":1676536158243,"author":{"id":"4097750438225520","authorId":"4097750438225520","name":"Simonnov","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4097750438225520","authorIdStr":"4097750438225520"},"htmlText":"Ic","listText":"Ic","text":"Ic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077071914","repostId":2253745726,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077041358,"gmtCreate":1658444659574,"gmtModify":1676536158004,"author":{"id":"4106439073723520","authorId":"4106439073723520","name":"BG68","avatar":"https://community-static.tradeup.com/news/642f0c85e80d6d64a9a53270d806d849","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4106439073723520","authorIdStr":"4106439073723520"},"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077041358","repostId":2253745726,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077027841,"gmtCreate":1658443527583,"gmtModify":1676536157693,"author":{"id":"3586655655659820","authorId":"3586655655659820","name":"sunshine138","avatar":"https://static.tigerbbs.com/23149c63a63bfeec1572cc27e1322750","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3586655655659820","authorIdStr":"3586655655659820"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077027841","repostId":2253745726,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077024655,"gmtCreate":1658443431177,"gmtModify":1676536157662,"author":{"id":"4093854476996450","authorId":"4093854476996450","name":"Remotecam","avatar":"https://community-static.tradeup.com/news/f856a0a30bd0fa23a086fc678014e48b","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"4093854476996450","authorIdStr":"4093854476996450"},"htmlText":"Expected","listText":"Expected","text":"Expected","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077024655","repostId":2253745726,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":146,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2253745726"}