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Cherry-picking and the Impact on Traditional Advertisers
Cherry-picking certain information can skew perceptions and lead to overlooking positive aspects. The consistent share of advertising as a percentage of global GDP indicates a shift from traditional to digital platforms. Reddit's growth comes at the expense of traditional advertisers, impacting companies like Disney. Disney's poor trading was influenced by a perceived decline in the travel surge and undervaluation of its parks' revenue generation. This shift in investor sentiment towards traditional platforms like Disney reflects a broader trend in the industry.