Advertising Royalty: 50% of the Net Advertising Revenue attributable to the Member, where “Net Advertising Revenue” means the gross revenues collected by GTV for Advertising in the Member’s store(s), less 66% of gross to account for GTV’s operating costs. Revenues received by GTV from Advertising sold by Wholesaler or its affiliated entities, including trade/marketing groups, are considered ad serving fees and are excluded from the calculation of the Advertising Royalty.
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Exciting news: Grocery TV has expanded its in-store retail media network into pharmacy!