Apple wants half the profits from subscriptions and media outlets are howling.
Bwah ha ha!
It is perfectly all right to give your content providers a bad deal. When databases first came out, writers didn’t see a single cent if their work was purchased via a database. You don’t get paid by the number of hits or reprints. It is a flat fee.
And now Apple is doing to media outlets what they did to their content providers.
The middle man is fuming, but shed no tears. Content providers also get the shaft, and this is now spreading higher up the food chain.
Look at Vice Media: this is a property that got Canadian funding, and yet has its overlord worth a pretty penny that he gambles away.
No one ever thinks to take a closer look at what’s going on there.
The structure is corrupt. That’s why nothing is working. Apple won’t save journalism, and Netflix is not a viable platform. Rot upon rot, and all we have to show for it is whining…