Apple’s new deal for journalism should send publishers running

[tangor]

First found this on a site that is generally not allowed here. :)

So I looked for one that leans the correct way for the same report.

The Wall Street Journal reported on Tuesday that Apple, which is preparing to introduce a subscription news service, is asking publishers to give the company 50 percent of any revenues that they generate.

[theverge.com...]

Would this be something you would want to be involved with if you are a news publisher?

[travelin cat]

This sounds like a recipe for disaster. What is Apple thinking? It seems to be way too greedy, possibly because iPhone sales have shrunk.

"The service, described by industry executives as a “Netflix for news,” would allow users to read an unlimited amount of content from participating publishers for a monthly fee."

[tangor]

We already know how yt's red came out. I don't think Apple can do any better. Just me!