
How To Save News Media From Our Tech Overlords
CANADALAND
00:00
The Rise and Fall of the App Store
When Steve Jobs unveiled the iPad, I wrote a very dismissive article about it. Apple said we're going to be the revenue generating tool and then started taking publishers money. The natural price for a payment processing in competitive markets is like one to five percent. If you get your subscription revenue through the app store, right now, Apple takes 30%. if we cut it to 5%, you would add to your revenue per subscriber 25% at the flick of a switch.
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