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Apple wants 50% of revenues on planned paid Apple News tier, publishers not happy

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Some major publishers are not happy with the current terms of Apple’s paid tier plans. Apple wants to keep 50% of revenues while divvying the rest among publishers based on user interactions.
Apple is reportedly looking at adding a paid tier to its Apple News app, but it looks like many news outlets don’t approve of the plan at the moment. The news subscription service would give users access to all content for a monthly fee of around $10, as per reports, but this could change later on.
WSJ is reporting that several major outlets, including The New York Times and The Washington Post, have concerns over the proposed terms of the agreement.

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