Apple Reportedly Plans to Announce Its TV Streaming Service on March 25th
14 February, 2019, 07:11 | Author: Regina Boyd
According to sources that spoke to BuzzFeed, Apple will use the event to unveil its rumored news service, which will add paid subscription options to Apple News. According to the current info, this new service will cost $10 per month and will allow Apple customers to have access to content from a variety of news outlets.
According to the report, the event will take place on Monday, March 25 and will be held at Apple's Steve Jobs Theater on the Apple Park Campus. Cupertino wants to "keep about half of the subscription revenue" generated by publishers. Apple Music is already a hit with more than 50 million subscribers. The new iPad mini 5 and the iPad 7 are expected to launch side by side with varying prices, and they will retain the Touch ID security feature instead of the more advanced Face ID. BuzzFeed earlier reported that the News subscription service would launch on March 25.
No single model has proven particularly fruitful, and a subscription service akin to the one expected from Apple may become a popular alternative.
"While the exact disagreement between Apple and HBO isn't known", the report reads, "media companies have been concerned about data sharing and revenue splits as Apple tries to aggregate existing services in new ways". The New York Times and the Washington Post are said to be among the publishers that are not happy with Apple's terms.
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Apple Inc is targeting an April event to introduce a streaming television service that will likely include subscription TV services from CBS Corp, Viacom Inc and Lions Gate Entertainment Corp's Starz among others as well as its own original content, sources familiar with the matter told Reuters on Wednesday.
Last October, we heard the first reports of Apple allowing device owners to stream its original content for free, via the TV app on tvOS and iOS.
We've asked Apple for comment and will update this story with any response. The company has also historically taken a 30 percent cut from app sales and one-time in-app purchases for as long as the App Store has been around.
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