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.

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…

  • phillaholic@lemm.eeEnglish
    4·
    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.worldEnglish
      1·
      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.eeEnglish
        1·
        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.