Apple is going to launch a subscription news service

American IT giant Apple is negotiating with publishers about the launch of a paid subscription service for news from different media. But there is one problem, most of them are not satisfied with the proposed conditions. This information was shared by The Wall Street Journal, citing sources familiar with the situation.
Картинки по запросу apple
According to the interlocutors of the media, Apple wants to take half of its subscription revenue. The remaining 50% will be distributed among publishers depending on the number of time users spend reading their materials. At the same time, partners will not be able to obtain reader data, such as email addresses and others.
In a letter to Apple publishers, the service is described as “Netflix for News”.  
it will be created based on the existing Apple News application and include
materials that the media hide with the help of the paywall.
The estimated subscription price will be near $ 10 per month, but the cost is still under discussion,
sources said WSJ. According to their statement, the service should start at the end of 2019.
Among disagree media, WSJ calls the New York Times and The Washington Post.
The Wall Street Journal also had doubts about working with the service,
but the latest negotiations with Apple were productive, as the newspaper said in its post.
Apple`s representative declined to comment. It should be noted that the news subscription
is one of the ways to find new abilities for its own service monetization against the background
of bad selling of smartphones. In the previous quarter, iPhone sales fell by 15%, to $ 51.9 billion,
while revenue from services (the App Store and a subscription to Apple Music)
has been continuing to grow.
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