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This coincided with the change in YouTube’s promoting insurance policies around child-focused content material that resulted in an estimated 50-60% income loss for the highest children’s channels. After a July 2019 settlement with the United States Federal Trade Fee (FTC), YouTube began implementing major adjustments to its advice algorithm, data assortment, and ad concentrating on for children’s content material. In July 2020, Jeon bought his wholly owned company, Treasure Studio, which produced Cocomelon and employed round 20 individuals, to Moonbug Entertainment, a British firm targeted on children’s content material.

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