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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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[–] cmbabul@lemmy.world 2 points 1 year ago (1 children)

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.