by l9k on 3/20/19, 9:50 PM with 63 comments
by tptacek on 3/21/19, 12:52 AM
Like the people that get the sleep apnea devices and won't shut up about how much better their life is, I'm constantly (and noisily) surprised by how shitty the news writing and presentation I was putting up with was before I subscribed to a bunch of actual newspapers.
by GeekyBear on 3/21/19, 1:34 AM
The big names in magazine publishing who created Texture did.
>New York, NY, December 8, 2009 – Condé Nast, Hearst, Meredith, News Corporation and Time Inc. today jointly announced that they have entered into an independent venture to develop open standards for a new digital storefront and related technology that will allow consumers to enjoy their favorite media content on portable digital devices.
http://allthingsd.com/20091208/nows-the-time-finally-publish...
As for their revenue model.
>That service, which was eventually called Texture, paid out 10 percent of its monthly revenue to its owner-operators, who divvied it up based on the usage their titles generated. And publishers who sold their stuff through the service but didn’t own a piece of Texture captured 50 percent of the revenue, also cut up by usage.
https://www.recode.net/2019/2/13/18224013/apple-news-publish...
Apparently the magazine industry and the newspaper industry have different ideas on what a equitable revenue share might be.
by untog on 3/21/19, 1:13 AM
I get the argument that Apple News will expose you to a much larger audience, but that level of revenue cut is... significant. Why wouldn't I cancel my WSJ subscription and sign up with Apple?
(an aside, but the 50% cut just seems absurd. Just reads like Apple saying "because we can", there's no way the cost of distributing an article is anywhere near the same as the cost of making it)
by esun on 3/21/19, 1:30 AM
The newspaper industry was founded on (although nobody really understood it until the invention of the internet) being the intermediary between consumers and companies. In 2019 the business has changed to content provision. But these old line companies (and who is older line than Apple and the WSJ?) can't help but try to discover intermediary points of control.
Pah.
by snazz on 3/21/19, 12:20 AM
by Traster on 3/21/19, 1:38 PM
It's even more unhealthy if I can't have an informed discussion about the news of the day with you because you got your news from the NYT and I got my news from Times of London and we got two entirely different sides of the story and we can't go and see each other's sources of information. That sounds to me like a terrible situation to put ourselves in.
I would much rather pay $10 bucks a month and know that that revenue is distributed amongst the papers I read in proportion to how long I've spent reading each article- in exactly the same way Youtube tracks watched minutes.
by ohnope on 3/21/19, 1:14 AM
50% cut? And likely no access to customer data, with content embedded in a proprietary app outside of a news paper’s control... why would publishers agree to shutting off so many avenues for future innovation and strategic independence?
by intopieces on 3/21/19, 2:01 AM
by steven2012 on 3/21/19, 1:51 AM
Why are credit card numbers important information? All they would know is what the credit card is, but it's not like they can sell the credit card or use that number to get more purchases, etc, from that number, can they?
by bearcobra on 3/21/19, 1:29 AM
by sdfsdfsdfsdf3 on 3/21/19, 1:32 AM
by sqldba on 3/21/19, 2:40 AM
by crazygringo on 3/21/19, 2:22 AM
Because also, nothing is said about how the subscription is divvied up. Is the remaining 50% ($5/mo.) split among publishers by the % of articles read?
by alg0rith on 3/21/19, 1:27 AM
>Apple News host a bunch of text and some images $10.00
Is it fair?