Culture&Arts

Apple Wants 50% of Publishers' Revenue for News Subscription Service

Apple Wants 50% of Publishers' Revenue for News Subscription Service

Apple representatives have told publishers that the subscription service could be priced at about $10 a month, but the final price could change, WSJ said. According to the new report, the Cupertino based company is preparing a subscription-focused event to unveil a new service. Apple has also used March events to introduce iPad updates for the past several years now, so there could be new hardware on deck, as well.

That said, BuzzFeed News' sources did not say if Apple's video streaming platform will be shown off for the first time at the event.

However, as noted above, this could be an event that's not just about the News subscription service, but rather Apple's new subscription services in general.

BuzzFeed notes that instead of announcing new AirPods or a new iPad Mini, the company will instead focus on subscription services.

Apple doesn't typically hold more than one spring media event, though it could this year.

We've seen endless reports over the past year suggesting that Apple wants to bundle together magazine and newspaper subscriptions into a monthly plan.

More news: Google’s Pixel 4 could come with dual-SIM functionality enabled

Apple has talked with publishers including The New York Times, the Washington Post, and The Wall Street Journal, but they (and others) have concerns about Apple's terms.

If the rumor proves to be true, the AirPods 2 release date could coincide with the iPhone 11's predicted launch date in early September.

The source behind the My Smart Price report says that Apple is working on a few "exclusive features" for the AirPower, but that they will "not be available until iOS 13 is released".

Apple declined to comment on the report.

Back in late January, The Globe and Mail reported that Steve Maich, the former senior vice-president of publishing at Rogers, will lead Apple's News operation in Canada. Apple also now gets to boast about their efforts to help the field of journalism, as the company's vice president Eddy Cue said when they acquired the subscription news app Texture past year.


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