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15 Feb 2011 10:50


Tech: Steve Jobs on subscriber service: We won’t always take 30 percent

  • Our philosophy is simple – when Apple brings a new subscriber to the app, Apple earns a 30 percent share; when the publisher brings an existing or new subscriber to the app, the publisher keeps 100 percent and Apple earns nothing.
  • Steve Jobs (who’s still on medical leave) • In a statement announcing the new App Store subscription service, which reveals a pretty awesome financial path for publishers of all stripes. Apple will take their 30 percent revenue share if they lead to the subscription; if the publisher does it, they keep 100 percent. One interesting thing to note is the way that the service handles consumer information. Many magazine publishers make money by using consumer information from their subscriber base – a move somewhat at odds with Apple’s App Store model. In a compromise move, Apple will allow consumers to say how much information they want to give out. The overall model is similar to that of The Daily, which launched last month to general praise. source

11 Feb 2011 21:20


Biz: Consumers, Rep. Jackie Speier has your back on “do not track”

  • These two bills send a clear message — privacy over profit. Consumers have a right to determine what if any of their information is shared with big corporations, and the federal government must have the authority and tools to enforce reasonable protections.
  • Democratic Rep. Jackie Speier • In a statement explaining two consumer-privacy bills she just submitted to the House – one a proposal for “Do Not Track,” similar to “Do Not Call” except for advertising information on the interwebs, and the other that would give consumers more control over financial information. The key part of that bill? Making the process of allowing companies to view your financial information opt-in rather than opt-out. Both of these sound like really great ideas, so kudos to Speier for bringing these issues to the forefront. source