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.
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Comments (2)
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Rusty Brains - November 7, 2016 at 8:48pm
Don't you mean Comcast?
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gamerscul9870 - November 7, 2016 at 10:14pm
I don't think they mean that. Maybe Comcast was acquired?