YouTube refunds advertisers $3 after terror scandal
July 4, 2017
YouTube has refunded advertisers that removed their content from the video-sharing portal after it was revealed that some ads appeared alongside extremist and terrorist content.
A number of advertisers, including Marks and Spencer and McDonald’s, pulled all advertising from the Google-owned site following the revelations.
In some instances, the refund amounts to as little as $3, according to a report in Financial Times. One company is said to have already refused to accept the refund of “a couple of dollars”.
A spokesperson for YouTube issued a statement that did not comment on the amount offered but read: “When someone violates our ads policy repeatedly, we terminate the account, credit our advertisers and do not pay the content creator or publisher.”
Other posts by :
- Netflix gets downgrade on Warner Bros move
- UK trims Orbex investment
- Euro-bank sets up €500m space fund
- Revenue jump forecast for Eutelsat
- Moody’s upgrades Eutelsat’s debt rating
- Rivada Space Networks wins spectrum dispute
- Eutelsat shareholders upset over Rights Issue
- Amazon Leo satellites en route to French Guiana
