Wall Street Journal to Join Apple's News Subscription Service, but NYT and Washington Post Not Participating

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Mar 20, 2019.

  1. MacRumors macrumors bot

    MacRumors

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    The Wall Street Journal plans to join Apple's subscription news service that's set to be announced Monday, reports The New York Times. Other publications like the Washington Post and The New York Times itself are not on board, however, due to the revenue split Apple has requested.

    Apple and The Wall Street Journal plan to announce the partnership at Apple's planned media event on March 25. Apple's subscription service for Apple News will provide readers with access to news articles and magazines from "hundreds" of participating publishers for one monthly fee, thought to be $9.99 per month.

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    Rumors have suggested that Apple has been having trouble securing deals with news sites like The New York Times and the Washington Post because Apple wants to keep 50 percent of all subscription revenue, splitting the other 50 percent of the revenue between publishers according to the amount of time users spend engaged with their articles.

    Major paywalled news sites offer their own subscription access to articles, with revenue that does not need to be shared with Apple. Participating in Apple's service could cause current subscribers to swap over, leading to overall lower revenue.

    Apple is also declining to provide credit card information or email addresses to publishers, details that news sites use to create customer databases and market their products, and they're asking partners to provide unlimited access to content.

    To lure publishers to join its Apple News service, Apple executives are citing the scale of Apple News, which is installed on all iOS devices out of the box. Apple is telling publishers that millions of new customers could be introduced to their content, but some are not convinced.

    Many magazine publishers are on board with Apple's proposed revenue terms, but most magazines have no existing online revenue streams. Magazine publishers have also already been working with the 50/50 revenue split following Apple's acquisition of Texture, the magazine subscription service Apple is basing its new offering on.

    Apple will debut its new subscription service for Apple News at 10:00 a.m. Pacific Time on Monday, March 25. Apple will also use the same event to unveil its rumored streaming video service.

    Article Link: Wall Street Journal to Join Apple's News Subscription Service, but NYT and Washington Post Not Participating
     
  2. rosegoldoli macrumors member

    rosegoldoli

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  3. smorrissey macrumors 65816

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  4. Mansu944 macrumors 6502

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    #4
    Sarcasm?

    Big mistake for these papers...at least try it for a while.
     
  5. rturner2 macrumors 6502a

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    #5
    Apples dictator style way of business means I’m switching to android and refusing to buy apples services.

    It should be about competition and innovation.
     
  6. Frankied22 macrumors 68000

    Frankied22

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    #6
    Can’t wait to see this flop. Apple are in la la land with this one. The majority of people don’t give a **** about paying for news. The written word is free all over the internet.
     
  7. brendu, Mar 20, 2019
    Last edited by a moderator: Mar 21, 2019

    brendu macrumors 68020

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    I prefer WSJ over either of those outlets anyway. Their loss. I’m planning on giving this a try to see how it is.
     
  8. bozzykid macrumors 68020

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    It makes little sense for newspapers. It’s more likely to attract magazines instead.
     
  9. DoctorTech macrumors 6502

    DoctorTech

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    I am looking forward to trying this service. Whether I keep it long term will all depend on which content creators end up participating but I am hopeful this will catch on like Apple Music.
     
  10. ThaRuler macrumors regular

    ThaRuler

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    #10
    Is the LA TIMES on board? If so, I will bite since I’m already a subscriber
     
  11. genovelle macrumors 6502a

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    They are currently at the mercy of Google and Facebook. One little change in the algorithm and they are toast. Even ad placements can dry up. I thought they would keep their ad revenue for ads placed in the system. I believe this is a stall tactic, much like the auto industry did to CarPlay. They waited 3 years for Google to catch-up before they installed it in force. Then they waited another two years to even start supporting wireless CarPlay. Once again waiting for Google to catch-up.
     
  12. fumi2014 macrumors regular

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    Not surprised NYT and WP have not signed on. Why would you give Apple 50% of your profits in an age when you have enough trouble getting people to pay for newspaper at all? This service will fail, IMO.
     
  13. dannyyankou macrumors 604

    dannyyankou

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    Good, don't need them

    I hope The Athletic joins, they have great sports journalism.
     
  14. Khedron, Mar 20, 2019
    Last edited: Mar 20, 2019

    Khedron macrumors 6502a

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    At least Google and Facebook only sell your information to advertisers.

    Apple uses your custom to set up protection rackets to threaten other industries.
     
  15. jhwalker macrumors regular

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    #15
    NYT and WP are actually the ONLY news sources I'm interested in reading, so ...
     
  16. fumi2014 macrumors regular

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    #16
    Maybe you don't but the service looks less attractive to people if the choices are limited.
     
  17. nutmac macrumors 68040

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    #17
    While that is a likely outcome, the current state of news websites is a mess.

    To name a few, adblocker vs. paywall and subscription fatigue.

    For those willing to subscribe to one or two participating news services, reported $9.99/month Apple News subscription fee is compelling. I am just not sure the market is all that large to begin with.
     
  18. deebinem macrumors regular

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    #18
    Not surprising about NYT, it seems they are already trying to drum up enough money on their own, judging by the amount of subscription blurbs on The Daily podcast. I can't imagine they'd want to give 50% to Apple.
     
  19. Moonlight macrumors 6502a

    Moonlight

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    Thanks for the positive comment. Unlike all the other negative ones.
     
  20. dannyyankou macrumors 604

    dannyyankou

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    #20
    It's not just news, it's magazines as well
     
  21. WannaGoMac macrumors 68020

    WannaGoMac

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    Sure hope this doesn't mean Apple news is gonna require subscription to be decent. I've come to really like it.
     
  22. deebinem macrumors regular

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    Welcome to MacRumors! Its a veritable sh*tshow in here...
     
  23. crossb8 macrumors newbie

    crossb8

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    I don't think there are enough people who are interested in reading the news to make this successful. This is especially true when you add paying for it into the equation. There are too many quality sources of information that are free, whether print or video. I do get annoyed at times when I can't read an intriguing article because it is under a pay wall, but it's not very often.
     
  24. pmore macrumors regular

    pmore

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    I don't think these new Apple services will succeed.
     
  25. Khedron macrumors 6502a

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    #25
    So you like the LA Times and already have access to their content but want them to receive less revenue? How much would you save with Apple News?

    To me the subscription only makes sense for discovering and trying new sources, otherwise you're just deliberately harming the content creators you already enjoy.
     

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