- Apple Inc’s Apple News+ service will consolidate content from 300 popular magazines and newspapers for $10 a month, but at least one source will offer only selected articles instead of its entire library.
The financial news-focused Wall Street Journal will hire “several dozen” reporters to cover politics, general news and features, said Matt Murray, editor in chief of the Journal, in a memo to employees on Monday. A monthly digital subscription to the Wall Street Journal costs $39 per month. The publishing house, along with Hearst and Meredith Corp, formed an unlimited magazine-reading app called Texture that Apple bought in March 2018.
Magazine subscription costs vary widely. A yearly digital subscription to the New Yorker costs $100, while a digital subscription to Vanity Fair costs $20. Apple said subscribing to all the publications separately would cost a reader $8,000 per year.
Great reveal but the other stream companies are to powerful to overcome. I am a proud Apple user and stock owner but I have to accept the fact that this is going to fail.
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Source: Reuters - 🏆 2. / 97 Read more »