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Apple are extracting 100%, or equivalent, revenue to the news providers .. but pay a fraction of the costs incurred to create it, probably 1% of revenue or less
by hackerfromthefu 6y ago
Apple are extracting 100%, or equivalent, revenue to the news providers .. but pay a fraction of the costs incurred to create it, probably 1% of revenue or less for the digital distribution.
If the costs of the news creators to create and administer those news networks was 50% of the revenue, then Apple is taking all of the profit.
Apple is simply a vampire, a troll shaking down the weak