"Apple says it will help save journalism," writes Peter Kafka for Recode. "Everything it wants in return is half of all revenue journalists doing when they sell their stuff through an upcoming new Apple subscription service. Cue internet extinction."
MacDailyNews Take: "Internet outrage" is superfluous.
"So what does Apple think now?" Writes Kafka. "Here's the short answer I've paved by talking to industry sources: Apple has already signed many publishers for deals where they receive 50 percent of the revenue Apple generates through subscriptions to the news service, which is currently called Texture and will be launched as A premium version of Apple News this spring, and some publishers are happy to do so because they believe Apple will register millions of people for the new service, and they would prefer a smaller percentage of a larger number than a larger portion a smaller number. "
Kafka writes," In a release day's words that are optimistic for Apple's plans: "It's the absolutely paid dollars that matter, not the percentage. & # 39;"
Read more in the whole article here.
MacDailyNews Take: Here's an even shorter explanation of the headline: Basic Math.
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