Apple to launch premium news subscription service

Texture app

Apple is reportedly planning to launch a new Apple Music-like subscription-based service within the next year. Apple Music, iCloud, and App Store revenues rose to $30 billion in the 2017 fiscal year, and the company would like that to be about $50 billion by 2021. Still, it's unclear how Apple News will display magazine content, specifically whether articles will be shown in their PDF-like downloadable forms or forced to adapt to News's web-like scrollable and dynamically reformattable interface.

Apple's move to introduce a news subscription service will allow it to generate more revenue through its online content and service sector. Before News, Apple had had Newsstand, which was essentially a market for purchasing subscriptions to individual magazines and newspapers.

There's a bigger question out there: will consumers be willing to pay for premium news and magazine content in the same way they now pay for Netflix video content? But previous efforts like Newsstand weren't an all-you-can-eat way of going about it.

Apple has had limited success with its news services applications.

Barbara Bush in failing health, won't seek further treatment
Born Barbara Pierce on June 8, 1925, she grew up in Rye, New York , and was 16 when she met George Bush at a school dance. The couple left the White House after Republican president Mr Bush lost the 1992 election to Democrat Bill Clinton.

Last month, Apple announced that it was acquiring Texture, the digital magazine subscription service by Next Issue Media LLC. It's thought that a new, simplified subscription service could boost Apple News usage and create a new revenue stream similar to Apple Music.

Apple News launched in 2015 as an app available on the company's iOS mobile operating system. Seeing as how the company managed to take less than a million people who had subscribed to Beats Music and turn them into 40 million Apple Music listeners, it's not like they have no experience convincing people to hand over a bit of money every month.

Apple will reportedly share a portion of the revenue from the new service with partner organizations. It also gets a cut of subscriptions sold by third-party apps on the App Store.

Currently, there are no details about which news organizations Apple would partner with for the subscription service.

Related News:

  • Mutant Enzyme That Eats Plastics Discovered by Accident

    Mutant Enzyme That Eats Plastics Discovered by Accident

    Although it is said to be recyclable, discarded PET can last for centuries before it degrades. No other reproduction or distribution is permitted without prior written consent.
    Mitch Moss On Golden Knights' Playoff Chances

    Mitch Moss On Golden Knights' Playoff Chances

    The timing couldn't be worse for a Los Angeles squad that is already without injured defensemen Jake Muzzin and Derek Forbort. I have watched this replay numerous times and still can't really comprehend it.
    Cohen Arranged Payment for RNC Bigwig After Affair

    Cohen Arranged Payment for RNC Bigwig After Affair

    The woman accusing Broidy has refused to show proof of pregnancy, according to the source, who has reviewed the contract. Cohen reached out to me after being contacted by this woman's attorney, Keith Davidson, " Broidy said in his statement.
  • Indiana Could Benefit If US Rejoins TPP Negotiations

    Indiana Could Benefit If US Rejoins TPP Negotiations

    US Secretary of Commerce Wilbur Ross later said the Trump administration needs to see concrete actions from China to reach a deal. Trump also indicated that talks are progressing toward successful renegotiation of the North American Free Trade Agreement .
    Kylie Jenner declares herself the 'cool mom'

    Kylie Jenner declares herself the 'cool mom'

    Jenner's new photo with Stormi isn't the first photo she's posted since Khloe welcomed her own daughter. Kylie Jenner thought that her butt looked so nice that she photographed it twice .
    Netflix, Inc. (NASDAQ:NFLX)

    Netflix, Inc. (NASDAQ:NFLX)

    Following the transaction, the director now directly owns 7,332 shares of the company's stock, valued at $1,928,316. Intellectus Partners LLC acquired a new position in Netflix during the fourth quarter valued at about $117,000.
  • Trump, Abe to Focus on North Korea in Florida Talks

    Trump, Abe to Focus on North Korea in Florida Talks

    Japanese officials said Kono and Wang agreed on the importance of maintaining the world's system of free trade. He last visited Japan in August 2016 for a trilateral meeting with his South Korean and Japanese counterparts.
    Joel Embiid Clears NBA's Concussion Protocol

    Joel Embiid Clears NBA's Concussion Protocol

    Veteran Amir Johnson will likely start in place of the injured Embiid in Game 1 of the Sixers' first-round playoff series. Miami will need to focus on protecting the ball against some very stingy Philadelphia defenders in the next game.
    For third week, Palestinian journalists injured by gunfire covering Gaza protests

    For third week, Palestinian journalists injured by gunfire covering Gaza protests

    They have also injured not less than 3,000 people since the start of protests, according to the reports by Gaza's health ministry. Israel says it is doing what it must to defend its border, and to stop any of the protesters getting across the fence.
  • PSG ships seven past Monaco to seal title

    PSG ships seven past Monaco to seal title

    Monaco did managed to pull a goal back six minutes before the break when Rony Lopes turned home Almamy Touré's cross. So far in 33 league matches, Unai Emer's side has won 28 and scored 103 goals in the process, allowing just 23.
    Two BJP ministers of J&K who backed Kathua rape accused resign

    Two BJP ministers of J&K who backed Kathua rape accused resign

    The agency arrested Sengar, the prime accused in the case, last night after 16 hours of questioning at its office in Lucknow . After an uproar, a case was finally registered against Sengar, but the police refused to arrest him even after that.
    Sunrisers Beat KKR by 5 Wkts

    Sunrisers Beat KKR by 5 Wkts

    Bhuvneshwar snared captain Dinesh Karthik caught behind for 29 when the Knight Riders were chasing quick runs late in the innings. Lynn fell short of his first fifty of the season by one run with his 49 coming off 34 balls including 7 fours and one six.


Most liked

Coli outbreak infects nine in Pa.
Twenty-six (93%) of 28 people interviewed reported consuming romaine lettuce in the week before their illness started. Symptoms of E. coli O157 include diarrhea (sometimes bloody), and abdominal pain.

Sergio Ramos uncovers BOMBSHELL if Los Blancos win Champions League
But with the clock ticking down towards extra time, Real Madrid were awarded a contentious penalty, which was duly converted by Cristiano Ronaldo .

Pacers Stun Cavs In Game 1
Now with the Pacers and Cavs meeting in the first round of the playoffs, Oladipo is being faced with those questions. That's why we came to play this game is to win, not just to come here and just be OK.

Westpac Banking Corp Increases Holdings in JPMorgan Chase (NYSE:JPM)
Therefore 65% are positive. 28 are the (NYSE:JPM)'s analyst reports since November 13, 2017 according to StockzIntelligence Inc. JPMorgan Chase accounts for about 11.1% of Greenhaven Associates Inc.'s holdings, making the stock its 5th biggest position.

Guardiola will play golf as City await title
Guardiola said: "I think Manchester City agreed to it but the other top teams, United and Chelsea , didn't want it". We handled the pressure between the good and bad moments for the entire season, not just in this period.

Jericho To Make WWE Return In 'Casket Match' Against Undertaker
Whether this influenced WWE's decision to move Rusev from his one-on-one match with Taker to the 50-man Rumble is unknown. WWE confirmed to Newsweek that Rusev will take Jericho's spot in the 50-man Royal Rumble match.

Taliban seize district in Ghazni province
The attackers planted mines to prevent government reinforcements from coming and quickly took responsibility for the attack. He said the Taliban forces set buildings on fire but left the area by daylight.

Significant ice, rain likely with weekend storm
There is a flood watch in effect from late Sunday night through Tuesday afternoon for Monroe and several other counties. Hydro One said it has crews ready to respond to outages 24/7, and additional resources are on standby this weekend.

Over 1000 children abducted by Boko Haram since 2013
On Saturday, the Chibok community held a service in commemoration of the mass abduction. Boko Haram had abducted more than 200 girls from the school on April 14, 2014.

Key quotes from Trump's unsettling announcement on Syria strikes
Like the British Tornado, the twin-engine Rafale could be armed with Storm Shadow missiles that can fly for more than 250 miles. The result is what Defense Secretary Jim Mattis described in congressional testimony on Thursday as "contrary impulses".

Gmail to soon receive 'Confidential Mode' and 'Self-Destructing' Emails
It's also unclear if the integration is going to work better in the future when everybody is using the new Gmail . The new capabilities are coming to consumer Gmail; no word on when G Suite users will get them.

Naomi Campbell cries as she pays tribute to Mam'Winnie
The family of the late Winnie Mandela has accused the South African government of being hypocritical for praising her after death. Malema said despite his grief at the loss‚ he was comforted in the way she died‚ adding that she did not sell out her people.

Meet the victor of $533 million Mega Millions jackpot in New Jersey
Officials have since presented a check for $30,000 to the owner of the Lukoil for selling the winning ticket. He declined to talk about his family or go into details about where they might go or if they'd move.

Colin Kaepernick Seahawks Visit Postponed Over Kneeling Controversy
He chosen from his own agreement with the 49ers following a 20-16 to 2017 season and contains remained unsigned. After all, this comes on the heels of the Cincinnati Bengals not signing free agent safety Eric Reid .

Tyson Fury: 'I could beat Anthony Joshua tomorrow night'
Fury ballooned as high as 378 pounds during his two-year layoff and is hoping to get down as low as 259 pounds for his return. It has been announced that the comeback will start on Saturday, June 9, 2018 at the Manchester Arena , England.