Apple reportedly launching its video service in April sans Netflix and HBO

Apple's Holding a Surprise Event on March 25, Here's What to Expect

Apple's Holding a Surprise Event on March 25, Here's What to Expect

Apple's much talked about news subscription service could be going public soon.

Another report by The Wall Street Journal, however, has said that Apple is having dramas with publishing partners, and rightfully so, because the company is apparently asking for a 50 per cent revenue cut from subscriptions.

Normally Apple events are reserved for new gadgets - like an iPhone 11 or last year's Apple Watch 4 - so the rumored March 25 keynote would be a break from tradition. However, the company has been butting heads with publishers over monetary details-Apple reportedly wants to keep 50 percent of subscription revenue from the service.

An Apple subscription will also include free content, but customers will have an option to pay to access other content from providers. The new iPad mini 5 and the iPad 7 are expected to launch side by side with varying prices, and they will retain the Touch ID security feature instead of the more advanced Face ID.

It's the season of video streaming, as important companies announced or plan to launch such services in the coming months.

BuzzFeed writes, citing unnamed sources, that Apple is getting ready to hold a press event on March 25 at Steve Jobs Theater on its Apple Park campus.

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Apple's service may also sell content from other content creators, similar to how you can buy channels ala carte from Amazon Prime's Video Channels service.

The company's premium news service will be integrated into the Apple News app, letting consumers subscribe to a bundle of titles for a monthly fee.

No single model has proven particularly fruitful, and a subscription service akin to the one expected from Apple may become a popular alternative. The New York Times and Washington Post are two of the big names objecting to Apple's terms. Reports now emerging indicate that you should not be expecting any dramatic changes in the new Apple AirPods 2 when compared to what is available in the existing AirPods.

Apple, CBS, HBO, Starz and Viacom declined to comment.

CNBC also notes that the core of the argument may be Apple's push for a 30 percent cut of sales made through its service.

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