ABC takes 5% equity or 2% royalty from all companies that appear on Shark Tank
How is everyone condoning this?! This is fucking insane.The logic is NOT we give you free advertising -> you owe us monies. The logic is you provide amusing filler in the context of a targeted program and we sell advertising the audience of that show. Just like every other show on our network.So any return ABC would get from this is logically abnormal, and I would argue morally abhorrent. On what other show does this happen? Would American Idol demand rights to future royalties of all auditioning acts? Would that be seen as fair?