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00:03Disney will pay a $10 million civil penalty for failing to properly label YouTube videos,
00:08which allowed children's data to be collected, according to Variety.
00:11The FTC alleged Disney violated federal child privacy law
00:15by not labeling certain YouTube videos as made for kids,
00:18enabling data collection for targeted ads.
00:21The FTC said Disney will adjust its practices to comply with the Children's Online Privacy Protection Act,
00:27which mandates parental consent for collecting data from users under 13.
00:31Disney said the settlement only concerns content on YouTube, not its own platforms,
00:36and reaffirmed its commitment to child privacy laws and investing in compliance tools.
00:41YouTube paid $170 million in 2019 for collecting children's data
00:46and began requiring content providers to label videos as made for kids.
00:50For all things money, visit Benzinga.com.
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