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In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: streaming sensation Disney+ closes in on 95 million subscribers; the Biden administration suspends legal action that threatened to ban TikTok and WeChat from the US; the CMA raises concerns that Adevinta’s purchase of eBay’s classifieds unit could damage competition; and Facebook is hit with backlash after deciding to remove news sharing in Australia.
Disney streaming phenomenon Disney+ has seen subscriber numbers soar to a staggering 94.9 million worldwide. The achievement drove global revenues for the firm’s total streaming output up 73%. ....