Apple wants a cut of the newspaper pie

Apple apparently wants to go with a subscription plan for newspapers on its iPad/iPhone iEtc. — a plan where they get a cut of the subscription price, rather than going with a fee-based service.

The San Jose Mercury News reports that Apple “probably will take a 30 percent” cut and “as much as 40 percent of the advertising revenue from publications’ apps.”

That, my good readers, is not bring much joy to the newsrooms, which would rather pay a fee and be on their way.

This is not much of a surprise from Apple. The question is, is this going to be the other hardware manufactures and carriers go with?

Time, and Apple’s success or failure, will tell.

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