What you need to know
- A CNBC report suggests Apple News+ is struggling to attract subscribers.
- People familiar with the matter suggest that subscription figures haven't increased materially from the first couple of days.
- Around 200,000 people signed up in the first 48 hours.
A report from CNBC suggests that Apple News+ is struggling to gain subscribers.
According to "people familiar with the matter," Apple has not seen a material increase in subscription figures since the initial launch, where 200,000 people signed up in just a couple of days. The report notes:
CNBC notes in comparison that Apple Music has garnered some 60 million paid subscribers since its launch in 2015. The report further suggests that several publishers are "disappointed" that the service has not brought in more revenue. Apple News+ brings together over 150 premium news outlets such as People, The Los Angeles Times and The Wall Street Journal. It also boasts handpicked stories, personal recommendations, cover-to-cover magazines, and offline reading. The service costs $10, of which half goes to publishers, and half to Apple.
Reports shortly after launch previously suggested that publishers were concerned about lack of revenue after just three months and that Apple would be taking steps to improve the service. There were also reported concerns that the service itself was not conducive to reading news.
Just this week it was reported that Apple may be planning to launch a bundle of its News+, Music and TV+ services, the source of that story pointed to a clause in the contracts Apple has signed with its News+ publishers which could allow Apple to sell News+ as part of a bundle, resulting in a reduced revenue cut for the publishers. If this latest report is to be believed, it could throw prospects of a bundle into jeopardy. Whilst publishers are indeed bound to the clause, they are also able to leave Apple News+ after their first year. Coupled with poor overall uptake, this could leave to some publishers walking away from the service if given the opportunity.
One publisher reportedly told CNN that they had received between $20,000 and $30,000 a month since joining Apple News+, far lower than expected. Another publisher told the outlet that ad revenue from News+ had actually slowly but consistently climbed and that it had attracted a more diverse user base including more young people and women.
On the other hand, if Apple News+ is indeed struggling to grow its user base, perhaps bundling it with its more popular services such as Apple TV+ and Apple Music might be the answer to its problems.
Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple.
I hope their completely biased nonsense bombs spectacularly. I say this even though I own a few shares of Apple stock. No way for me to add sources, and no way for me to share a link to another iPhone user without them begging and pleading for people to install the garbage bloated news app. No thanks.
Apple News articles don't support Dark Mode, so I assume they don't on News+, which is a huge deal breaker for me personally. But even still, I've always read the news online without paying so I don't know why I'd change that
Don't recall now which service(s) it was but on the News + trial I hit several featured articles that were still behind additional Pay Walls. Cancelled immediately. The whole idea was to have access to the news that they surfaced. If it wasn't going to do that, bye.
The first magazine service was called Next Issue, and I subscribed to it from the start. Later, it renamed itself Texture. I was extremely pleased with the choice and quality of the magazines, and had a paid subscription for years. It was helpful that I could download as many issues as I wanted to read offline. Apple bought the Texture service and it continued, unchanged for quite a while. Apple announced that the Texture service would end and News+ would replace it. On the date of the rollout of News+ I examined the selection of magazines and the layout/formatting for comparison. Many of the magazines had multimedia features inserted and huge graphic elements added. The ability to download issues was gone. I just wanted my magazines to be as they were - READABLE. So I ditched it after a few days and have no interest in it at all.
Tipi, I agree. I subscribed to texture for years. It was great. Now, the formatting of the magazines, the fact I cannot read them on my other android and windows based devices, it’s just overall, a terrible setup. No wonder they are tanking they cut out 50% of their readership by cancelling the other supported platforms. Looks good on Apple. Not everyone will come to Apple just because you try to force them to.
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