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From https://www.latimes.com/business/technology/la-fi-tn-apple-subscription-news-20190325-story.html https://www.latimes.com/business/technology/la-fi-tn-apple
by Yhippa 8y ago
From https://www.latimes.com/business/technology/la-fi-tn-apple-subscription-news-20190325-story.html https://www.latimes.com/business/technology/la-fi-tn-apple-s...:
> The Cupertino, Calif., tech giant will split revenues with publishers, with Apple taking half the subscription fee and the remainder going to publishers based on their share of total readership on the new product, according to sources familiar with the deal.
>Apple’s 50% cut is higher than the 30% the company typically takes out of app purchases and subscription fees through its App Store.
Yikes, that sounds very high. I assume Apple is betting that news providers will see reduced friction to buy their content so that this will be a long-run profitable thing for everyone involved.