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