Apple Expected to Reveal News Subscription Service

Apple Expected to Reveal News Subscription Service

Apple Expected to Reveal News Subscription Service

Apple will host an event to unveil the new iPad mini 5 and iPad on 19 March, according to a release date leak.

According to the Wall Street Journal, Apple wants to charge users about $10 (likely £10, too) for the paid Apple News service.

From a timing perspective, it seems entirely possible that Apple finally gives the world a look at its video service at its upcoming event, rumored to be happening at the end of March.

Apple is known to be working on a video content platform that could include original TV shows and films, as well as a separate media subscription service that would allow unlimited access to magazines - just like the Texture app it acquired past year.

However, Apple has been holding events in March for years, so it's not entirely surprising news.

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

Beyond music, Apple's next big push into services centers on TV, and in particular, original programming. To this point, Netflix late previous year removed the ability for new subscribers to sign up with iOS via in-app subscriptions, thus removing Apple's ability to earn 15% of all subscription fees in the process.

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Apple's service may also sell content from other content creators, similar to how you can buy channels ala carte from Amazon Prime's Video Channels service.

The launch would be Apple's latest push to grow its services revenue with a goal of hitting $50 billion (R687 billion) by 2020.

No single model has proven particularly fruitful, and a subscription service akin to the one expected from Apple may become a popular alternative.

More information from the website states that pre-orders for the AirPods 2, AirPower and new iPads will start on Friday, March 22, with the devices officially available starting March 29.

This proposed set up has already given several major publishers pause for thought, notably the New York Times and Washington Post which have both withheld from licensing their own content. The company has also historically taken a 30 percent cut from app sales and one-time in-app purchases for as long as the App Store has been around.

"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".

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