{"id":32384,"date":"2023-07-06T19:25:44","date_gmt":"2023-07-06T23:25:44","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/canadas-quebecor-to-pull-its-ads-from-facebook-instagram\/"},"modified":"2023-07-06T19:25:46","modified_gmt":"2023-07-06T23:25:46","slug":"canadas-quebecor-to-pull-its-ads-from-facebook-instagram","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=32384","title":{"rendered":"Canada&#8217;s Quebecor to pull its ads from Facebook, Instagram"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Instagram logo in this picture illustration taken March 28, 2018. REUTERS\/Dado Ruvic\/Illustration\/File Photo<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>(Reuters) -Quebecor said on Wednesday it will pull its ads from Facebook and Instagram, following Meta Platforms&#8217; (NASDAQ:) decision to stop access to news on the platforms in Canada over a law requiring payments to local news publishers.<\/p>\n<p>The &#8220;Online News Act&#8221;, or House of Commons bill C-18, introduced in April last year laid out rules to force companies such as Meta and Alphabet-owned Google (NASDAQ:) to negotiate commercial deals and pay news publishers for their content.<\/p>\n<p>Google and Meta previously said they would block access to news articles in Canada if the legislation is passed.<\/p>\n<p>Quebecor, the telecoms operator which also owns media outlets and newspapers, did not immediately respond to a request for comment on how much it spends on advertisements on Facebook and Instagram.<\/p>\n<p>Meta did not immediately respond to a request for comment.<\/p>\n<p>Cogeco, which owns and operates radio stations across Quebec, also said on Wednesday that it has decided to withdraw its advertising investments from Meta.<\/p>\n<p>Canada&#8217;s media industry has called for tighter regulation of internet giants to allow news businesses to recoup financial losses suffered in the years that Facebook and Google gained a greater share of the online advertising market.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/canadas-quebecor-to-pull-its-ads-from-facebook-instagram-3119829\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Instagram logo in this picture illustration taken March 28, 2018. REUTERS\/Dado Ruvic\/Illustration\/File Photo (Reuters) -Quebecor said on Wednesday it will pull its ads from Facebook and Instagram, following Meta Platforms&#8217; (NASDAQ:) decision to stop access to news on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-32384","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Canada&#039;s Quebecor to pull its ads from Facebook, Instagram | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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