It’s pretty much like sharing your salary with your family at the end of the month.
Revenue sharing is a distribution of profit (and losses) amidst the stakeholders, business alliances or even the employees of an organization.
Although it was popularized in recent years on the internet as part of affiliate marketing and advertising programs, revenue sharing has been around for long. It is employed in just about every industry including government, technology, media, sports, energy, investments, entertainment, hospitality, etc.
With the concept of sharing economy tipped to be our future, revenue sharing is getting more exposure.