According to a report from BuzzFeed, Apple Inc. $AAPL is going to run an event on March 25th to present its new paid Apple News service. The event might be focused on Apple’s service business, so it’s unlikely that we’ll see any new hardware, like the rumored iPad mini, AirPods, or long-anticipated AirPower charger. But the theme of the event might also give us a chance for an early look at its upcoming TV service, which is, according to the rumors, will be launched this spring.
For the past few years, Apple was focused on its iPads during the March events so it would be really unusual not to see some new gadgets at the event, especially considering that an updated version of the company’s entry-level $329 iPad could become a perfect tool for using an Apple News subscription.
Apple hasn’t formally announced the event yet, but BuzzFeed’s John Paczkowski has a history of guessing dates like these, so it’s probably just a matter of time before Apple officially send invitations.
The Wall Street Journal reported earlier today that Apple was having some issues with publisher partners over revenue splits for the upcoming service, with Apple reportedly demanding a staggering 50 percent cut before dividing the other half between publishers based on how much their articles were read. The service is rumored to cost $10 per month, although that number hasn’t been finalized, according to the WSJ.
The paid Apple News subscription is one of the Apple’ s services including Apple Music and the upcoming TV service. It seems like Apple’s moving its focus on selling paid services going forward, following a slowdown in iPhone sales which has led the company to consider new sources of income for the future.