Did you know that Facebook, Amazon, Apple, Netflix and Google (FAANG) collectively spent over $2 billion on U.S. TV advertising in 2018?
Together, this reflects a more than doubling of their annual investment versus only three years ago.
To put these expenditures into perspective, FAANG collectively now rank as the No. 2 TV spender in the U.S. behind only Procter & Gamble. This brief analysis shows how the major tech giants are doubling down on their TV investments.
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