This is actually not the first timeApple has attempted a news subscription service. Then, within the next year, Apple is expected to launch "an upgraded Apple News app with the subscription offering", and some of the revenue generated from the subscriptions will be distributed to the magazine publishers participating in the program.
But it's likely that Apple will approach the subscription service as Texture has, aggregating hundreds of magazines together in an all-you-can-read monthly service, rather than focusing on individual subscriptions.
Sell-Side Upside & Dividend: MPLX LP (NYSE:MPLX)
Citigroup reiterated a buy rating and issued a $46.00 target price on shares of Mplx in a research note on Friday, February 2nd. After $3.89 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.33% negative EPS growth.
Since acquiring Texture, Apple has reportedly parted ways with 20 of Texture's 100 employees. Altering the balance in favor of more subscription-based content could transform Apple News from a library- or RSS-like aggregator into more of a store. Now, Apple Music boasts more than 40 million subscribers.
Apple shares are up 0.5% to $176.72.
Apple will likely carefully curate the partner organizations for its news service.
Analysts noticed BLOCKv (VEE)'s 24 hours fall of -0.74%
CoinLancer is a freelancing platform that will use the Ethereum blockchain to mitigate the issues in the contemporary freelance. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase ZClassic using one of the exchanges listed above.
There will be some sort of revenue split between Apple and the publishers who will be featured in the service, but there's no details on that. However, it's likely that the company will use its current Apple News relationships to its advantage, as well as those that Texture brought into the mix (titles available on Texture included People, Rolling Stone, National Geographic, Sports Illustrated, and others).
Bloomberg says Apple is now integrating the technology and employees behind Texture into its own News app and team to develop the service.
Vikings Reach Extension With LB Eric Kendricks
The fourth-year linebacker led the Vikings in total tackles in each of his first three National Football League seasons. Kendricks, 26, had 113 total tackles this past season, helping the Vikings defense become a dominant unit.
Gorilla born at Smithsonian National Zoo
The western lowland gorilla gave birth at the Smithsonian National Zoo and Conservation Biology Institute in the USA capital. She was on birth control pills when she first arrived at the zoo three years ago, according to the Washington Post .
Putin predicts global 'chaos' if West hits Syria again
The United States is preparing to impose sanctions on Russian Federation for "covering up" the actions of the Assad regime. The bombings marked the biggest intervention by Western countries against Assad and ally Russian Federation .
Zidane: Bale and Benzema's futures 'not in danger'
Craig Bellamy believes Real Madrid are the only team that can stop Liverpool FC in the Champions League . If the rumour is confirmed, it appears Inter would be the most likely destination for the player.
Experts Analysis: Genworth Financial Inc (GNW)
The stock of Genworth MI Canada Inc. (NYSE: GNW ) has "Neutral" rating given on Tuesday, November 17 by Goldman Sachs. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30.