A year after its rebrand, Meta forges new bonds to shift its VR strategy beyond the social advertising era

Can Meta grow revenue from its VR ambitions fast enough to offset the slowing ad revenue from Facebook and Instagram?
October 13, 2022

A year after its rebrand, Meta forges new bonds to shift its VR strategy beyond the social advertising era

Since acquiring Oculus in 2014 for $2 billion, Facebook has increasingly touted its vision for VR as a new social network, but also as a way to play games, exercise and watch a range of other content. New partnerships suggest that Meta hopes to reinvent itself beyond the social advertising era.

Additional coverage:

  • Google's latest encryption tool facilitates clean room integration via DV 360. Here's a rundown of what you need to know.
  • Digiday's fall Media Buying Summit is underway, gathering media agency professionals with marketers and tech firms leaders to cover themes from sustainability standards and economic uncertainty to automation and new forms of measurement. Read this recap of day one.
  • Publishers have a registration wall problem, but email alerts, Facebook ads and asking politely seem to be doing the trick to get readers' emails. More in this Digiday+ Media Briefing.
  • Marvel Comics and DoorDash collaborated to create The Dashers, a new custom motion comic book that celebrates the lives and work of DoorDash's drivers.
Other things to know about
  • Join us virtually on November 9 for the Digiday Future of TV Advertising Forum where we’ll bring together top executives at brands, agencies, TV networks and streaming services to discuss how they're adapting to the TV ad market’s transformation.
  • If no deal is available at their retailers of choice, budget-conscious shoppers may choose other ways to celebrate the season. Sponsored by Vericast.
  • Register for a new virtual forum to learn what’s essential to contextual relevancy in omnichannel campaigns for 2023. Sponsored by Best Buy Ads.

Top Stories
Ivy Liu
Can Meta grow revenue from its VR ambitions fast enough to offset the slowing ad revenue from Facebook and Instagram?

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Google’s latest encryption tool facilitates clean room integration via DV 360.

Marketers are turning to conversions APIs to combat signal loss amid Apple’s ATT update and the impending cookie deprecation.

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The three-day conference is covering themes from across the industry, from sustainability standards and economic uncertainty to automation and new forms of measurement, such as attention.

As publishers allocate more resources, affiliate marketing is becoming an important revenue source. Take this survey and tell us how you’re using the channel to get a $5 gift card.

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Publishers have a registration wall problem, but email alerts, Facebook ads and asking politely seems to be doing the trick to get readers’ emails.

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Download this guide to learn how to implement new brand metrics to drive awareness, consideration and conversions.

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The brand hopes to extend and amplify the idea that dashers and delivery people should be celebrated for the work they do.

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And with more ad tech in prospect, the iPhone maker, and tech behemoth is approaching Madison Avenue with a different tack.

NYGuild's president Susan DeCarava shares how union workers are using community to make change within media.
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