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

Lula Sharp
February 13, 2019

The service, which some have described as similar to a "Netflix for news", would reportedly have Apple keeping around half of the revenue brought in by subscriptions, with the remaining revenue being split up and distributed to publishers based on content engagement.

BuzzFeed writes, citing unnamed sources, that Apple is getting ready to hold a press event on March 25 at Steve Jobs Theater on its Apple Park campus. Last year, the company unveiled the iPad 6, the first-ever low-priced slate from the manufacturer to feature support for the Apple Pencil, on March 29.

It is worth noting that the report does suggest the company may change its plans if it can't nail down negotiations with publishers.

But this new service would combine content from news services who lock their content behind a paywall.

Another report by The Wall Street Journal, however, has said that Apple is having dramas with publishing partners, and rightfully so, because the company is apparently asking for a 50 per cent revenue cut from subscriptions. Apple also now gets to boast about their efforts to help the field of journalism, as the company's vice president Eddy Cue said when they acquired the subscription news app Texture past year.

According to the report, both the New York Times and the Washington Post have rejected deals because the terms are too poor.

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He is also going to review the service in Norway since there has been some frustration because of delayed Tesla Model 3 orders. In other words, turning of the heating system once temperatures came back to normal also stabilized the EV's range number.


Also, if the March 25 event turns out to be subscription-focused, it isn't clear when new hardware will make an appearance. The service is rumored to launch later this year.

The source behind the My Smart Price report says that Apple is working on a few "exclusive features" for the AirPower, but that they will "not be available until iOS 13 is released".

"We believe there will be another event in April at which point we expect iPad and product announcements to be launched".

A premium news subscription could cost around $10 per month, the same that Apple Music now costs.

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

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