Mark Zuckerberg Says "Instagram Broadcast Channels Rolls Out Globally Today"
Portfolio Pulse from Benzinga Newsdesk
Mark Zuckerberg announced the global rollout of Instagram Broadcast Channels today, aiming to provide users with a selection of high-quality content.
June 15, 2023 | 3:38 pm
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The global rollout of Instagram Broadcast Channels may increase user engagement and potentially boost ad revenue for Meta Platforms, Inc.
The global rollout of Instagram Broadcast Channels is expected to increase user engagement on the platform, as it provides curated content to users. This may lead to higher ad revenue for Meta Platforms, Inc., as advertisers are likely to invest more in a platform with higher user engagement. As a result, the stock price of META may experience a short-term positive impact.
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