Apple Expected to Launch News Subscription Service

Credit: Wibbitz Top Stories
Published on April 17, 2018 - Duration: 00:58s

Apple Expected to Launch News Subscription Service

Apple Expected to Launch News Subscription Service Following the tech giant’s acquisition of Texture, a magazine app, Bloomberg reported that Apple plans to launch the service within the next year.

The service could generate revenue in a similar way to Apple’s $9.99 per month music offering, as well as Texture’s plan for the same price, which allowed users access to more than 200 magazines.

According to Bloomberg, a portion of the revenue generated by the subscriptions will go to magazine publishers.

Apple News today offers the ability to sell advertisements to participating publishers.

Apple used to have its Newsstand app, which offered digital versions of newspapers and magazines to users, but it was ended in favor of Apple News in 2015.


You are here

Recent related news from verified sources

Who knew, Apple has deep pockets? The company is reportedly spending billions of dollars a year on Apple TV+ original content, will pay about $480 million for...
1 week ago • 9to5Mac

One of the hot news items from Apple’s March event was Apple News+. Apple News+ is a $9.99 per month subscription that includes access to 300 magazines and a...
1 week ago • 9to5Mac

Apple is sitting on a mountain of cash, and often uses this money to expand its business by acquiring others. Sometimes, it’s a consumer-facing product or...
1 week ago • Macworld

BlackBerry Messenger or BBM, which once dominated the world of instant messaging in an era before WhatsApp took over will be shutting down. BlackBerry had...
3 days ago • WorldNews

Recent related videos from verified sources

Disney unveils price, launch date for big streaming push 01:25
Credit: Reuters Studio - Published 1 week ago 

Jim Cramer Thinks That Apple's New Products are 'No-Brainers' 03:48
Credit: The Street - Published 3 weeks ago 

SVOD Fatigue Could Prove Costly: WPP’s Irwin Gotlieb 03:31
Credit: BeetTV - Affiliate - Published 3 weeks ago 

Apple's Event Lacks Pricing Information 00:43
Credit: Wochit - Published 3 weeks ago 

Apple News+ Offers Users More Than 300 Publications 00:33
Credit: Wochit - Published on March 27, 2019 

Don't Bail on Apple Services, Wall Street Implied 02:03
Credit: The Street - Published on March 26, 2019 

Apple's Big Event 00:43
Credit: Wochit - Published on March 26, 2019 

Why Jim Cramer Likes Apple's New Services and the Bed Bath & Beyond Activists 08:07
Credit: The Street - Published on March 26, 2019 

You might like