FILE PHOTO: The logo of the Disney store on the Champs Elysee is seen in Paris, France, March 3, 2016. REUTERS/Jacky Naegelen/File Photo
Walt Disney Co is said to have pulled its advertising spending from YouTube, joining other companies including Nestle SA, after a blogger detailed how comments on Google’s video site were being used to facilitate a “soft-core paedophilia ring”. Some of the videos involved ran next to ads placed by Disney and Nestle.
All Nestle companies in the US have paused advertising on YouTube, a spokeswoman for the company said Feb 20 in an email. Videogame maker Epic Games Inc and German packaged food giant Dr August Oetker KG also said they had postponed YouTube spending after their ads were shown to play before the videos. Disney has also withheld its spending, according to people with knowledge of the matter, who asked not to be identified because the decision hasn’t been made public.
