Apple to announce a new subscription-focused service on March 25th

13 February, 2019, 23:23 | Author: Dominic Spencer
  • Apple's Holding a Surprise Event on March 25, Here's What to Expect

However, as noted above, this could be an event that's not just about the News subscription service, but rather Apple's new subscription services in general.

More information from the website states that pre-orders for the AirPods 2, AirPower and new iPads will start on Friday, March 22, with the devices officially available starting March 29.

Among the products that are expected to be released by Apple Inc. this year are the Apple AirPods 2 and the new Air Power wireless charger. The service has been described as "Netflix for news", allowing members to read an unlimited amount of content from partnered publishers for a set monthly fee. Sources tell BuzzFeed News that the company plans to hold a special event on March 25 at the Steve Jobs Theater on its Apple Park campus.

According to a report in The Wall Street Journal, Apple has pitched to publishers that it plans to keep half of the revenue generation by the subscription service, whereas the remaining half will be distributed among the publishers based on the time users engaged with their articles. As well, the report claims that publishers "likely" won't be given access to the data gathered on subscribers, which may make it more hard for them to market themselves to readers. In the quarter ended December, services gross margin hit 63 per cent, up from 58.3 per cent a year ago.

Apple also reportedly wants outlets to commit to supplying news for at least a year, which has also faced resistant from publishers who would prefer a shorter commitment.


First published February 12 at 1:58 p.m. PT. Update, 3:43 p.m.: Adds that The New York Times declined to comment.

It will also finally launch the AirPods 2 and long-awaited AirPower charging mat at the same press briefing. Once again, the source mentions that there will be no new hardware during the event.

Apple declined to comment on or confirm a March 25 event.

This story originally appeared in The Sun.

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