Peter Kafka, Recode:
Facebook’s effort to help media companies sell subscriptions has hit a snag: Apple.
The two companies are butting heads over Facebook’s plan for a new subscription tool in its mobile app. The tool will put paywalls around some articles in Facebook’s news feed, and then send users to publishers’ sites to buy subscriptions.
The issue: Apple wants to take as much as 30 percent of any subscription revenue Facebook helps generate. Facebook wants all of the money to go to publishers.
This is nothing new. The 30 percent model has been in place since inception. But:
People familiar with Facebook’s plans say Google won’t take a cut of subscriptions users sign up for using its Android operating system.
And there’s the rub. I don’t think there are many people who will switch platforms because of this issue. This is about the publishers.
Note that not every publisher likes Facebook’s subscription plan. Notable holdouts from the test plan the company is announcing today include the New York Times and the Wall Street Journal.
And you can see why. Both the NYT and WSJ have existing paywalls that work for them. This is a complex problem, one I hope gets resolved quickly.
Apple makes about $7bn/yr from their 30% of the App Store sales/subscriptions. And that’s worth fighting over.
Ten years ago in 2007, Apple made a total of $6.22bn in revenue, with a profit of $904m. My how things have changed.
Apple makes so much money and has so much money in the bank that they should do what’s right and drop the 30% requirement to legitimate news organizations. Particularly local news media. The local newspaper business is dying and initiatives like this might help give them a leg up. Local papers are important. They are the folks that try and keep local politicians and businesses honest and hold them accountable when they aren’t. They are a necessary part of the fabric of a democracy.
wa po go my money VIA Apple for a sub, because Apple makes it drop dead simple to cancel your sub.. no friggin way WAPO, NYT, WSJ – ANYONE is getting my credit card attached to a sub where you have to call and wait for hours because “you can’t cancel online”
There is a simple solution to this. Don’t use Facebook. Problem solved. You can subscribe to whatever website you want and the publisher gets everything rather than Facebook or Apple getting a cut of anything.
This is not Apple vs. publishers. It’s Apple vs. Facebook. You can easily subscribe to publishers in Apple News.
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blockquote>Google is paying 97$ per hour,with weekly payouts.You can also avail this.
On tuesday I got a great new Land Rover Range Rover from having earned $11752 this last four weeks..with-out any doubt it’s the most-comfortable job I have ever done .. It sounds unbelievable but you wont forgive yourself if you don’t check it
!tp139d:
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Well considering Apple only made that much out of commission, that means a huge market was created/enabled by Apple’s products in the last 10 years, for many other people worldwide!