Apple Signs Exclusive Deal With NBCUniversal to Sell Apple News Ads [Report]
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Posted November 7, 2016 at 8:13pm by iClarified
Apple has signed an exclusive deal with NBCUniversal which will have the company take over the sale of ads for Apple News, reports Recode.
Publishers who put content on the app can still sell their own ads and will keep 100 percent of the revenue from any ads they sell. The new deal means that NBCUniversal, instead of Apple, will sell any remaining ad inventory.
Linda Yaccarino, head of NBCUniversal, told staff that a new dedicated sales group would be established for the app. It current has about 70 million unique users.
Publishers will still keep 70% of profits for ad sales in their content.