$NYT $AAPL interesting
$NYT ends news partnership w/ $AAPL News. Going forward to prioritize adding new subs, and said the Apple partnership did not give it enough of a direct relationship with subscribers to justify continuing. The paper is one of the first to pull out of an Apple News deal. Apple News has about 125M monthly readers, and Apple takes a 30% cut of any subscriptions sold through the app. Apple also offers an advertising revenue share, but that generates little extra income for publishers, the NYTimes reported.
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