| It's worth noting that Apple did not create the "50% revenue share" business model behind the Texture app they bought. The big names in magazine publishing who created Texture did. >New York, NY, December 8, 2009 – Condé Nast, Hearst, Meredith, News Corporation and Time Inc. today jointly announced that they have entered into an independent venture to develop open standards for a new digital storefront and related technology that will allow consumers to enjoy their favorite media content on portable digital devices. http://allthingsd.com/20091208/nows-the-time-finally-publish... As for their revenue model. >That service, which was eventually called Texture, paid out 10 percent of its monthly revenue to its owner-operators, who divvied it up based on the usage their titles generated. And publishers who sold their stuff through the service but didn’t own a piece of Texture captured 50 percent of the revenue, also cut up by usage. https://www.recode.net/2019/2/13/18224013/apple-news-publish... Apparently the magazine industry and the newspaper industry have different ideas on what a equitable revenue share might be. |