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Amazon wants a slice of Aussie media | SEN's major financial loss | Arm's inspirational IPO

Amazon wants a slice of Aussie media | SEN's major financial loss | Arm's inspirational IPO

What the Flux · Flux

September 17, 20235m 55s

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Show Notes

Amazon has told major Australian broadcasters that it will take a 30% cut of revenue from ads consumed through its Fire TV devices.

SEN, the sports radio network, has recorded a $9.2 million loss for the financial year.. And is re-negotiating its loans to stay afloat.

UK based chip designer Arm has successfully IPO-ed on Nasdaq…and this marks the biggest IPO in the world for nearly two years.

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