Apple’s terms for its upcoming subscription news service faces opposition from publishers: Report

Apple is coming with tons of products and services in the future, and one of them is the upgraded Apple News subscription service. It is being called the Netflix of News and Magazines. Although we have reported about this earlier today, we’ll tell you about Apple’s upcoming service in case you are unaware.

It will be Apple’s take on delivering news and magazine content to its subscribers. The service will be announced on 25^th March and it will be Apple’s first big announcement this year. It was last year when the company acquired a paid subscription app called Texture, which provides unlimited access to a large range of magazine publications for a monthly fee to its subscribers.

According to reports Apple Inc is planning to merge Apple News with Texture, and the result will be the upgraded Apple News service. Currently, Apple news provides news to its users free of charge, but after the announcement of the upgraded news platform, it won’t be free anymore. A report on Buzzfeed stated that there will be different paid options for the users to choose from just like Netflix and according to their choice of plan they will get what they opted for.

Users might be charged $10 (Rs 700) per month to avail Apple News service. The company has also released some screenshots of what the upgrade of the News service would look like on top of iOS 12.2 beta. However, the pricing of the service is not final as there have been reports that the company has had some disagreements with other news publishers.

This was about the revenue being divided between Apple and the news publishers. According to a report in the Wall Street Journal, several publishers are not happy with Apple’ plans to keep about half of the revenue from the upcoming news subscription service. So this means that the proposed pricing of the service is not yet final and may be changed later if the Cupertino-based technology giant is not able to come to an agreement with the publishers.

We should also mention that a media report has also speculated that Apple may have to change the date of the launch of its upcoming news service if the disagreement is not solved timely. And since Apple hasn’t as yet made an official announcement about it, we cannot entirely rule out the possibility of this happening.

As of now, Apple has not commented on the matter. With the recent drop in sales of iPhones that the company has faced, it has started focussing on services business, which has continued to grow consistently.