The past 24 hours have seen a lot of Apple News subscription stories come out and the latest may be culmination of them all. Buzz Feed News is reporting that Apple is planning an event on March 25 at the Steve Jobs Theater. That event is said to specifically be for the launch of Apple’s new news subscription service.
According to the report, Apple is planning a subscription service focused event with no plans to announce new hardware. It is rumored that the Cupertino company will release a second generation of AirPods, a new iPad mini, and other product updates early this year. Apparently, this event, will not cover those devices.
Rather, the even will focus on one if not two new service Apple has been rumored to be ramping up for nearly a year. The first is Apple News Subscription which would provide subscriptions to major publishers such as The New York Times, Wall Street Journal, and The Washington Post all within the News app. The subscription service would be one per-month fee. Yesterday it was reported that Apple is asking for a 50% revenue share with publishers, something they are not overly keen on doing and are pushing back on Apple to adjust.
The second expected service is a video subscription service. Apple is known to be working on original content and has plans to launch a subscription service much like that of Amazon Prime or Netflix. While details remain sketchy on this service, it is reportedly going to offer free original content along with paid content for a monthly fee. The video subscription service would be offered through Apple TV devices and apps on iPhone and iPad. This service has been rumored to be available in April of this year so a March announcement date fits the timeline.
For both the Apple News subscription service and the Apple TV subscription service, they are expected to be $9.99 each per month. That, however, is not confirmed.
Apple has not confirmed any of these rumors around subscription services or a March 25th event, which is their normal mode of operation.