https://cloudfront-us-east-1.images.arcpublishing.com/coinde...
Would the SEC claim that she was not good enough friends with the people who told her that to call them friends?
Same goes for old television. For example the German version of "the price is right" has a banner during the whole show that says "dauerwerbesendung" which means continues advertising program.
#ad in a description/tv program guide is never sufficient.
It's the bare minimum, but its compliant.
And the UK has (oddly) some of the stronger legislation/regulation around marking advertisements.
YMMV when it comes to advertising finserv tho, the other regulators might fuck you even if the ad disclosure is done correctly.
Depends. For example in Norway, a few years ago Norwegian tax authorities said that “influencers” need to declare items they received as income.
From the official website of Norwegian tax authorities:
> Må jeg skatte og av hva?
> […]
> Gratis eller rabatterte produkter/gaver med økonomisk verdi, som for eksempel sminke, hår- og hudpleieprodukter, bøker, klær, reiser, spill, teknologisk utstyr, barneutstyr m.m. Dette skal inntektsføres til omsetningsverdi (eventuelt omsetningsverdi fratrukket det beløp du har betalt for varen).
https://www.skatteetaten.no/bedrift-og-organisasjon/rapporte....
Translated to English with Google Translate:
> Do I have to pay tax and from what?
> […]
> Free or discounted products/gifts with financial value, such as make-up, hair and skin care products, books, clothes, travel, games, technological equipment, children's equipment, etc. This must be recognized as income at the turnover value (if any, the turnover value minus the amount you have paid for the item).
And likewise we have guidelines about marketing done by influencers
> Veiledningen er i hovedsak ment for annonsører som benytter påvirkere i markedsføringen sin. Den retter seg også mot påvirkere som får betaling eller andre fordeler for å omtale eller legge ut noe om produkter, tjenester eller næringsdrivende på sine profiler i sosiale medier.
https://www.forbrukertilsynet.no/lov-og-rett/veiledninger-og...
Translated with Google Translate:
> The guide is mainly intended for advertisers who use influencers in their marketing. It also targets influencers who receive payment or other benefits to mention or post something about products, services or businesses on their social media profiles.
Interestingly, we do sports and we don't have to have any labels during the game to cover the extensive in-game advertising/branding, just the specific ad media we insert.
I wish more YouTubers would cleanly delineate their adverts. Crowbarring sponsor messaging into every opportunity or writing the script so that it smoothly transitions into an ad seems very deceptive to me. I understand "sponsored video" is a grey area, but it doesn't have to be so messy.
It's similar to how a lot of "disruptions" in the startup space work (gig economy, "sharing" economy, crypto, AI, etc): find a niche that lacks established legal precedents, do obviously illegal things in that niche, make a profit to cash out the investors, get fined as laws and court rulings catch up, rinse and repeat.
Can't operate a taxi without a license? They're not cabbies, they're independent contractors.
Renting residential homes out as vacation homes would violate zoning laws? They're not vacation home rentals, they're "spare guest rooms" rented out by private individuals.
Can't afford to pay delivery drivers? They're not entitled to a minimum wage because they're now independent contractors of a delivery startup with a catchy name.
Scalping tickets, parking spaces and restaurant seats is illegal? It's not scalping, it's a universal digital assistant.
Can't sell meme stocks directly to clueless retail investors? They're not stocks, they're coins and NFTs.
Can't discriminate against marginalized people? It's not discrimination when the machine learning algorithm made the decision based on prejudices in the training data.
Have to pay royalties to use a picture you like? It's no longer the same picture if you launder it through an AI image generation model that used it as training data.
German streamers also ran into a separate issue with German broadcasting regulations when they tried to run a 24/7 streaming format. Turns out you need a broadcasting license for continuous scheduled programming like that.
They kept warning this as far back as 2017 btw:
https://www.sec.gov/news/public-statement/statement-potentia...
"I think Pepsi is great!" - X was paid $20 million to film this ad