News 

Leak: Apple is demanding 50% of the revenue from its “Netflix for news” product

“The latest such bid is Apple’s forthcoming “Netflix for news” product that will collect $10/month from subscribers and then share the revenue among media outlets, based on the pageviews each outlet generates” reports boingboing.net. Asking already beleaguered news publishers to fight over just half the total revenue on a per-view basis seems like a bad way to star Apple reportedly demanding a staggering 50 percent of revenue with ‘Netflix for news’ subscription [Chaim Gartenberg/The Verge]. Leak: Apple is demanding 50% of the revenue from its “Netflix for news” product Apple’s been playing Lucy-and-the-football with the media industry for years now, exploiting the media’s horrible Daddy Complex that has it forever searching for a tech company that will give it a sustainable future.It’s a strategy the company has already used to achieve great success with Apple Music, which leveraged its first-party positioning to offer actual competition to Spotify.
 
Source: boingboing.net



Related posts