Friday, 26 April, 2019

Apple Plans to Launch Its 'Netflix for News' Service Next Month

Apple Event March 25 Credit Echilon
Angelica Greene | 14 February, 2019, 07:10

According to the current info, this new service will cost $10 per month and will allow Apple customers to have access to content from a variety of news outlets.

Apple will reportedly host a March 25th event at The Steve Jobs Theatre in its Apple Park campus where it's expected to unveil its rumoured subscription news service.

The tech giant told some news organizations it'd keep around half the subscription revenue from the rumored service, according to people familiar with the matter, the Journal said.

In terms of non-original programming, reports suggest that viewers will get the option to subscribe to programming from Starz; CBS and Viacom and other partners through Apple's platform.

But there's more coming at this special event, aside from just news.

This is in line with other rumors that said Apple would launch the service this spring.

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"While the exact disagreement between Apple and HBO isn't known", the report reads, "media companies have been concerned about data sharing and revenue splits as Apple tries to aggregate existing services in new ways". While we'll advise you to take this information with a pinch of salt, you should be reminded that Apple has held a number of events in March.

Of course, Apple hasn't confirmed any details about an upcoming event, or even the existence of a paid-for news service.

A premium news subscription could cost around $10 per month, the same that Apple Music now costs. The New York Times and Washington Post are two of the big names objecting to Apple's terms.

Also, if the March 25 event turns out to be subscription-focused, it isn't clear when new hardware will make an appearance. The good news is there are reports that Apple plans to offer the content for free to Apple device owners.

We've asked Apple for comment and will update this story with any response.

In addition to asking for a revenue cut that is way higher than what App Store publishers must pay, Apple is also asking for select publishers to commit to using the news platform for a minimum of one year.

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