The Wall Street Journal will join a new subscription news service run by Apple, even as some other publishers opted out, at the terms, according to the NY Times.
Other major publishers, including The New York Times itself and The Washington Post, will not join the subscription service, according to the report.
Apple plans to announce the new service on Monday at a media event at Apple’s headquarters in Cupertino, Calif. The event is intended to draw attention to the company’s bet on news and entertainment, including a streaming service that will put Apple in direct competition with Netflix, Amazon and HBO.
The news service will offer access to a new paid tier of the Apple News app. Through that tier, readers will be able to consume articles from hundreds of participating magazines and news outlets.
Although the scale of Apple News, which is installed on every iPhone sold to consumers, could introduce millions of new customers to news publishers' connent, the terms that Apple is offering to publishers are reportedly asking for a cut of roughly half of the subscription revenue involved in the service. Apple has also asked publishers to give unlimited access to all their content, which has caused concern among potential partners. A subscription is expected to cost $10 a month.