NY Times CEO on Why Media Publishers Should Be ‘Leery’ of Planned Apple News Service

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New York Times CEO Mark Thompson said that he has reservations about Apple’s soon-to-be-released paid subscription news service and is “leery” about the Times’ participation in the service.

“We tend to be quite leery about the idea of almost habituating people to find our journalism somewhere else,” Thompson said in an interview with Reuters on Thursday. “We’re also generically worried about our journalism being scrambled in a kind of Magimix (blender) with everyone else’s journalism.”

Apple is expected to introduce the service at a Silicon Valley event on Monday. Media reports have described the plan as a way to create a “Netflix for News” — signing up hundreds of publishers and allowing users access in return for a single fee. The move is part of a broader plan for the company to compete in the streaming space against already well-established industry leaders like Netflix and Amazon.

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Thompson, however, suggested that broadcasters got a raw deal after signing up with Netflix in 2007.

“If I was an American broadcast network, I would have thought twice about giving all of my library to Netflix,” he continued to Reuters. “Even if Netflix offered you quite a lot of money. … Does it really make sense to help Netflix build a gigantic base of subscribers to the point where they could actually spend $9 billion a year making their own content and will pay me less and less for my library?”

Apple has floated the new service as a potential savior of the publishing industry, which in recent years has been beset by layoffs and contractions.

Earlier this week the New York Times reported that it would not take part in the service, joining the Washington Post in declining. Each paper has significantly expanded during the Trump era and boasts a large and growing base of loyal digital subscribers.

The Wall Street Journal is expected to join the service.

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‘Defending Jacob’: Michelle Dockery & Jaeden Martell Join Chris Evans In Apple Limited Series

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Downton Abbey alumna Michelle Dockery and It star Jaeden Martell are set as leads opposite Chris Evans in Defending Jacob, Apple’s limited drama series based on William Landay’s bestselling novel, from Paramount Television and Anonymous Content.

Netflix’s Ted Sarandos Chides Apple & Disney For Being “Very Late” To Streaming

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Apple Rips Spotify Complaint In Europe As “Misleading Rhetoric”

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Apple has issued a lengthy response to Spotify’s complaint before European Commission regulators, which was issued earlier this week. The iPhone maker dismisses it as “misleading rhetoric” that conceals its streaming competitor’…

Apple Fires Back at Spotify: Music Streamer Wants to ‘Squeeze’ Its Competitors and Artists

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We’ve got an old fashioned tech fight on our hands. Apple shot back at Spotify late Thursday night, saying the music streamer has been “misleading” the public while spending much of the past week lambasting Apple’s “unfair advantage” against its competitors, adding that Spotify is looking to take advantage of the App Store in the same way it’s taken advantage of artists in recent years.

At the heart of the matter is Spotify’s complaint that Apple charges its competitors a 30 percent “Apple tax” anytime users upgrade their service within the App Store. Spotify CEO Daniel Ek said earlier this week that Apple forces the world’s biggest music streamer to “artificially inflate” its prices — putting it at a disadvantage compared to Apple Music, its chief rival.

Spotify stopped paying the fee in 2015, opting to have its customers upgrade their service outside the App Store. Apple, in its response, said Spotify wants to “keep all the benefits” of the App Store without contributing to its upkeep.

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“We share Spotify’s love of music and their vision of sharing it with the world. Where we differ is how you achieve that goal,” Apple said in its response. “Underneath the rhetoric, Spotify’s aim is to make more money off others’ work. And it’s not just the App Store that they’re trying to squeeze — it’s also artists, musicians and songwriters.”

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The company response comes after Apple had stayed mum for the last two days. On Tuesday, Spotify filed an antitrust complaint with the European Commission against Apple, and on Wednesday, Ek said in Berlin Spotify’s relationship  with Apple had turned from something that was “mutually beneficial” to something that was “completely unsustainable.”

Apple said Spotify’s framing of the cut it receives from apps has been wrapped in “misleading rhetoric.”

“The only contribution that Apple requires is for digital goods and services that are purchased inside the app using our secure in-app purchase system,” Apple said. “As Spotify points out, that revenue share is 30 percent for the first year of an annual subscription — but they left out that it drops to 15 percent in the years after.”

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Spotify left out other important information, according to Apple, including that most of its 207 million subscribers only use the free version of its service. (Apple Music has gained 56 million paying customers, compared to 97 million for Spotify, since launching four years ago.) Apple argued much of Spotify’s success is due to the App Store — and failing to contribute part of its revenue is unethical.

“Spotify wouldn’t be the business they are today without the App Store ecosystem, but now they’re leveraging their scale to avoid contributing to maintaining that ecosystem for the next generation of app entrepreneurs. We think that’s wrong,” Apple said.

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‘Pachinko’ Adaptation Picked Up to Series at Apple

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Apple is moving forward with its series adaptation of Min Jin Lee’s “Pachinko,” TheWrap has learned.

Based on Lee’s bestselling 2017 novel, “Pachinko” chronicles the hopes and dreams of four generations of a Korean immigrant family.

Apple’s adaptation, described as “epic in scope, intimate in tone,” will be told in three languages — Korean, Japanese and English. Per the streamer, the story “begins with a forbidden love and crescendos into a sweeping saga that journeys between Korea, Japan and America to tell the unforgettable story of war and peace, love and loss, triumph and reckoning.”

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Hailing from studio Media Res, which is also behind the Jennifer Aniston-Reese Witherspoon morning show drama for Apple as well as its Brie Larson spy drama, “Pachinko” will be written and executive produced by Soo Hugh. Lee will serve as executive producer alongside Media Res founder Michael Ellenberg. Media Res’ Dani Gorin will co-executive produce.

Hugh most recently served as showrunner on Season 1 of the AMC anthology “The Terror.” Her other previous credits include the acclaimed series “The Killing” and “The Whispers.”

Hugh is repped by WME and McKuin, Frankel, Whitehead. Lee is also with WME.

The Hollywood Reporter first reported the news.

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Spotify CEO Daniel Ek Says Apple’s Stiff Rules Place a ‘Gag Order’ on Its Competitors

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Apple’s Streaming Service on Track to Have 100 Million Subscribers in 3-5 Years, Analyst Says

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Apple’s Streaming Video Service Could Hit 100M Subscribers In 5 Years – Analyst

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Apple’s hotly anticipated entry into video streaming, which is it likely to unveil March 25, will ramp quickly and could rack up 100 million subscribers in just five years, according to a forecast from Wedbush Securities analyst Daniel Ives.
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