Apple rumored to hold a March 25 event to unveil a news subscription service

Apple is planning a particular effect for Monday, March 25, according to a novel study from BuzzFeed. Citing sources alongside noesis of the plans, the outlet says the effect volition cause got house at the Steve Jobs Theater at the novel Apple Park Campus, too the focus volition live a tidings subscription service.

Apple has long held production events inwards belatedly March, then it’s hardly a surprise it has planned simply about other ane for 2019. That said, sources said at that spot is a modest adventure the lastly appointment could shift a flake given the degree of publisher pushback the fellowship is getting over the revenue sharing price of the then called “Netflix for news” service it hopes to debut.

Apple reportedly plans to claim one-half the proceeds of a $10 monthly subscription fee, divvying upward the other one-half amid participating publishers according to how many people read their stories. Publishers are, inwards the words of ane executive, “pissed” at the terms, which they debate are non at all criterion for these types of agreements.

BuzzFeed adds that Apple’s long-rumored, standalone video streaming service could besides brand an appearance at the event. For years at that spot cause got been reports of the fellowship hiring peak Hollywood executives, too signing deals alongside the likes of Oprah, but we’ve however to run across the fruits of that labor.

Unfortunately, it sounds similar those hoping to run across novel hardware at the effect are going to live disappointed. The outlet says heavily-rumored products such every bit the 5th generation iPad mini too instant generation AirPods are “unlikely” to brand an appearance at the service-focused event.

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