It gets better...
Insight Timer charges $60 year for a subscription.
50% of this goes directly to Insight Timer, and 50% is distributed to content providers based on play counts. So, off the top, Insight Timer is taking 50% of the fees generated by the app. Apple only takes 30%.
Using the same argument that many of you are using, he must be GREEDY!!!! What value is he providing to these content providers? They should be able to use the site for free!
I mean, they paid for the studio, lighting, video production, training.
Right?
I mean, he built an app, using Apple's software, hosted on Apple's platform, selling direclty to Apple's customers, using Apple's secure payment system. What value has he brought that he deserves 50% of the fees that subscribers pay to see content given for free by content producers?
(or, if it's OK for Insight Timer to take 50% cut of the subscription fees, then it's clearly ok for Apple to take 30%).