Apple to announce a new subscription-focused service on March 25th

Apple's Holding a Surprise Event on March 25, Here's What to Expect

The event will be "subscription services focused", however, it's unclear if it will also include details on the upcoming TV news service that Apple has in the works.

Rumor mill: A premium news service from Apple could ask publishers to give up half of their earnings.

Given that Apple has a history of holding events in March where it reveals both products and services, it's not surprising that the tech giant is once again planning a keynote for the end of that month.

Apple doesn't typically hold more than one spring media event, though it could this year.

A premium news subscription could cost around $10 per month, the same that Apple Music now costs. Apple is looking to partner with publishers on a subscription news service that would allow readers to pay around $10 (about R137) per month to read content that is usually paywalled, but Apple's proposed 50% revenue split with publishers has not gone over well, according to the Journal.

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Also, if the March 25 event turns out to be subscription-focused, it isn't clear when new hardware will make an appearance.

It is worth noting that the report does suggest the company may change its plans if it can't nail down negotiations with publishers. The new iPad mini 5 and the iPad 7 are expected to launch side by side with varying prices, and they will retain the Touch ID security feature instead of the more advanced Face ID. Multiple major publishers have, according to the sources, failed to sign onto the plan due in part to the financial terms; among these publishers is allegedly the New York Times and Washington Post.

Apple, for its part, has not commented on the claims. That was previously reported to not be going very well, as Apple is reportedly demanding 50% of the revenue from publishers.

Some publishers are also reportedly concerned they likely won't get access to subscriber data such as credit card information and email addresses, which can help news organizations build their customer databases.

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