Apple is expected to launch the service as a premium subset of its Apple News app later this year and remains hopeful it can win over holdouts in the meantime.
Apple's much talked about news subscription service could be going public soon.
For now, we will have to wait until Apple officially announces its new service to learn more. The service has been described as "Netflix for news", allowing members to read an unlimited amount of content from partnered publishers for a set monthly fee.
Apple doesn't typically hold more than one spring media event, though it could this year. Corroborating previous reports about Apple's TV plans, the report claims that Apple's original content will be available for free for iOS users and will also enable users to seamlessly sign up for streaming packages from other content creators.
According to the report, both the New York Times and the Washington Post have rejected deals because the terms are too poor. Apple has also used March events to introduce iPad updates for the past several years now, so there could be new hardware on deck, as well.
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"We believe there will be another event in April at which point we expect iPad and product announcements to be launched".
The tech giant told some news organizations it'd keep around half the subscription revenue from the rumored service, according to people familiar with the matter, the Journal said.
As far as this rumor goes, looks like we will have to wait until March to find out what Apple has in store for its customers, so stay tuned for more coverage from our side.
An Apple spokesperson declined to comment when contacted by ZDNet.
As for the original programming Apple has been working on, some of the projects in the works include a revamp of the 1980s hit Amazing Stories, a new comedy series from It's Always Sunny in Philadelphia stars Rob McElhenney and Charlie Day, and projects from La La Land creator Damien Chazelle.