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Amazon demands 30% share of ad revenue from TV networks’ apps (www.broadbandtvnews.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Amazon demands 30% share of ad revenue from TV networks’ apps::Australia’s free-to-air broadcasters are up in arms after Amazon demanded a 30% slice of any advertising revenue that passes through its FireTV devices. Financial Review said networks Seven, Nine, Ten and SBS had accused the parcels to showbiz company of a “cash grab” and “rent-seeking”. Amazon has set new terms of services that would require…

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[-] phillaholic@lemm.ee 5 points 1 year ago

Large companies will survive. Small ones will fail. A few medium ones with fail too. Amazon doesn’t have to make prime video successful as long as they prop it up with prime shipping.

[-] cmbabul@lemmy.world 2 points 1 year ago

And the logical conclusion is the further consolidation of power in a handful of massive companies like in dystopian scifi

[-] phillaholic@lemm.ee 3 points 1 year ago

Yup, and the solution to the problem already exists. Break them up, or better yet, don't let them buy each other up in the first place.

this post was submitted on 18 Sep 2023

245 points (98.4% liked)

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