Advertising Spending
The well-known video-sharing site has consistently underperformed in 2022 and failed to meet the market’s revenue expectations.
Advertising Outlook
Social Media
Increased competition from new platforms and reduced spending by advertisers worried about a recession has hit Facebook and Instagram.
Social Media
Tougher times in the advertising sector and the chaos of the failed Musk takeover have been blamed for below-par Second Quarter results.
Advertising Outlook
Revenue will still be above pre-Covid levels, but significantly down on 2021. Social media ads to take a big hit.
