A trade body representing NYT, WaPo, WSJ, and other publishers asks Apple for improved deal terms for digital subscriptions sold through the App Store
The New York Times and The Wall Street Journal are among companies seeking more favorable terms in Apple's app store
Wall Street Journal Benjamin Mullin
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Discussion
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@gruber
John Gruber
on x
Critics: 30% fee on IAP is too high. Apple Q3 2020: 38% gross margin company-wide. I think lowering that split for many developers would be good for Apple, too, but critics needs to grapple with fact that it's already a low-margin business for Apple. https://www.cnbc.com/...
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@gartenberg
Michael Gartenberg
on x
This is what happens when you secretly grant most favored nation status in secret https://twitter.com/...
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@jason_kint
Jason Kint
on x
“Cook never clarified what those conditions are and which in reality presumably involve being a gigantic corporate tech rival like Amazon, whose CEO Jeff Bezos personally negotiated with Apple SVP Eddy Cue to secure the terms, according to emails...” https://www.theverge.com/...
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@neilcybart
Neil Cybart
on x
@brick295 @gruber It's tough to compare the App Store's 30% revenue share to Apple's overall 38% margin. They are two completely different things. One is a composite figure reflecting COGS (cost of goods sold). The other ends up being the basis of net revenue.
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@neilcybart
Neil Cybart
on x
@gruber If the App Store had ~40% gross margin, Apple would blush. It's no where close to that when looking at total App Store revenue. It's much lower. I went over my math in the daily update from June 17th. Did you request archive access? If not, search “Apple vs. Hey” in your …
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@rasmus_kleis
Rasmus Kleis Nielsen
on x
Group of major publishers would like to get the same deal from Apple that Amazon got. I hope they get it but limited leverage? All newspaper companies had combined global revenues of something like $140b in 2019. Amazon? $281b. https://www.theverge.com/...
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@tapbot_paul
Paul Haddad
on x
If Publishers get 15%, regular developers should get 15% too. https://twitter.com/...
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@jason_kint
Jason Kint
on x
We were following up specifically to this answer from Apple CEO Tim Cook as we were curious when he said to @RepHankJohnson Amazon Prime's deal was available to anyone “meeting the conditions.” What conditions? 🤷🏽♂ ️ @DCNorg https://twitter.com/...
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@dcnorg
@dcnorg
on x
“The terms of Apple's unique marketplace greatly impact the ability to continue to invest in high-quality, trusted news and entertainment particularly in competition with other larger firms.” https://www.wsj.com/...
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@bzamayo
Benjamin Mayo
on x
The central gist of this letter is 'you gave Amazon a 15% deal, why can't we have it too' ... which is a pretty fair question. https://9to5mac.com/...
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@carnage4life
Dare Obasanjo
on x
It's going to be increasingly difficult for Apple, the world's first $2 TRILLION company, to argue that it needs to take 30% of all digital revenue generated from iPhone/iPad apps from companies much smaller than them to survive. https://www.wsj.com/...
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@jbenton
Joshua Benton
on x
New by me —> Fortnite's battle with Apple and Google could have an impact on news publishers, too https://www.niemanlab.org/...
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@kerrymflynn
@kerrymflynn
on x
Shot: https://www.niemanlab.org/... Chaser: https://www.wsj.com/... https://twitter.com/...
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@davegershgorn
Dave Gershgorn
on x
looks like everybody is starting to rebel against apple's fees https://twitter.com/...