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Netflix Only Had To Pay Google 10 Percent Of In-App Purchases On Android, But The Video Streaming Service Declined The Offer

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Google asked Netflix to only pay 10 percent of in-app Android purchases

Netflix had an opportunity with Google where it would keep 90 percent of the revenue it earned thanks to a special and rare offer that was reportedly not provided to any other entity. According to documents and testimony in the Epic v. Google trial, the video streaming service declined the ‘once in a lifetime’ deal, but there were reasons for the company to come to that decision. Even with a 10 percent cut being paid to Google, Netflix would have continued losing money Back in 2017, Google offered Netflix a discounted rate of 10 percent of its in-app payments on […]

Read full article at https://wccftech.com/netflix-declined-google-offer-of-paying-only-10-percent/

WccftechContinue reading/original-link]

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