Apple News subscription service may launch on March 25

Apple is planning to hold an event on March 25, 2019, at the Steve Jobs Theater on its Apple Park campus. The mega event will reportedly be focussed on its upcoming subscription news service. Therefore it is likely we might not see the tech giant releasing its rumoured iPad mini or AirPods. Though there has been no official confirmation regarding the event, taking into account past few years it is expected to host an event in March.

As per the online reports, the company has described the special event as subscription-services focussed. In a bid to generate more revenue from online content, Apple is trying to expand its services and hence plans to start a news subscription app really soon. And for that Apple has reportedly integrated a magazine app, Texture into its Apple News as a premium product. The Texture provides an unlimited amount of content to its users at a monthly subscription of $9.99 (roughly Rs. 650).

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Sources: Apple's plan for a paid news service later this year runs into resistance from major publishers as Apple wants 50% of the revenue and not to share data (Wall Street Journal)https://t.co/aXMMavCKm0https://t.co/U7c8ncxmRD — Techmeme (@Techmeme) February 12, 2019

Similarly, Apple's News subscription service will also allow users to read unlimited content online. It will reportedly charge a monthly subscription fee from its users. Its upcoming subscription news service could be priced tentatively at $10 (roughly Rs. 700) per month, similar to Apple's music service. Further, various reports suggest that the company plans to keep half of the revenue from its news subscription service.

The Wall Street Journal reported that the tech giant plans to launch several new services which will include original TV programming and the news service. Furthermore, it is trying to increase the number of paid subscriptions by 500 million across its smartphones and other devices till 2020 and up to 360 million subscriptions now.