Apple to Host an Event on March 25 for Upcoming Subscription Services

Apple to Host an Event on March 25 for Upcoming Subscription Services

It was previously rumored that Apple would debut new Apple AirPods 2 wireless earbuds in March, but that may no longer be the case.

Publishers are threatening to revolt against Apple's planned subscription news service before it has even got off the ground in anger at the proposed financial terms stipulated by the technology firm.

The tech giant told some news organizations it'd keep around half the subscription revenue from the rumored service, according to people familiar with the matter, the Journal said. A Wall Street Journal report today indicated that news outlets are hesitant to agree to Apple's 50 percent revenue cut from the service. BuzzFeed News yesterday reported that Apple is planning to hold a special event on March 25 at the Steve Jobs Theater on its Apple Park campus.

The event will instead be services focused, with the company's new Apple News-powered subscription platform being the focal point, according to the publication.

We've seen endless reports over the past year suggesting that Apple wants to bundle together magazine and newspaper subscriptions into a monthly plan.

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If the rumor proves to be true, the AirPods 2 release date could coincide with the iPhone 11's predicted launch date in early September.

It's unclear at this time how much Apple will charge for its anticipated paid news subscription, but sources have claimed that it would sit around $10/month.

However, publishers are reportedly throwing a fit over the terms that Apple has laid out for posting their work.

However, as noted above, this could be an event that's not just about the News subscription service, but rather Apple's new subscription services in general.

We've asked Apple for comment and will update this story with any response. As well, the report claims that publishers "likely" won't be given access to the data gathered on subscribers, which may make it more hard for them to market themselves to readers.

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