Apple wants to pocket 50% of news subscription service revenue, publishers already unhappy

After acquiring the Texture magazine service last year, Apple is now planning to relaunch it as a premium version of Apple News this year. Following a report from the WSJ that the company is looking for a 50-50 revenue split with publishers, many were quick to express discontent with Apple's plans.

According to a new report from Recode, citing inside sources, Apple already has "many publishers" signed up under these terms. Furthermore, the report claims, publishers will still get to keep 100 percent of the generated ad revenue:

"Here’s the ...

from PhoneArena http://bit.ly/2Szamv3

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