The entertainment business is a big advertiser but has been noticeably silent as other industries protest the social network’s handling of hate speech.
Mark Zuckerberg and Sheryl Sandberg, Facebook’s top executives, engaged in “spin” during a meeting over hate speech, civil rights groups said.
With more than 400 brands committing to a Facebook boycott, the social giant is struggling to explain its position on hateful and hostile content.
Advertisements for more than 400 brands including Coca-Cola and Starbucks are due to vanish from Facebook on Wednesday, after the failure of last-ditch talks to stop a boycott over hate speech on the site.
“The boycotts themselves are not having a financial impact of any significance,” said the CEO of Fox Corp., the parent of Fox News Channel.