Apple's terms for subscription news service face resistance from publishers

The iPhone maker charges a 30% transaction fee to software developers who sell apps through iTunes and its App Store

Reuters February 13, 2019
An Apple company logo is seen behind tree branches outside an Apple store in Beijing, China December 14, 2018. PHOTO: REUTERS

Several publications are resisting Apple’s plans to keep about half of the revenue from its upcoming news subscription service, the Wall Street Journal reported on Tuesday, citing the iPhone maker’s pitch to some news organisations.

Apple to produce fewer iPhones over slow demand

Apple representatives have told publishers that the subscription service could be priced at about $10 a month, but the final price could change, WSJ said.

The iPhone maker charges a 30 per cent transaction fee to software developers who sell apps through iTunes and its App Store.

Apple declined to comment on the report.

Apple expected to remove 3D touch from new iPhones

The company has sharpened its focus on its services business to cushion any blows from a slowing smartphone market. In the quarter ended December, services gross margin hit 63 per cent, up from 58.3 per cent a year ago.

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