Google Inc. (GOOG) plans to launch a new payment system for online paid content that will give newspaper and magazine publishers a significantly larger share of revenues than a rival service offered by Apple Inc (AAPL). Under the new service, called Google One Pass, Google will keep 10% of revenues, compared to the 30% cut demanded by Apple for subscriptions sold through its online store. Google’s service will also give publishers control of consumer data, something Apple has refused to do. – WSJ
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply