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2011-02-23

Google starts up newspaper subscription service to rival Apple's


Eric Schmidt, chief executive of the web search giant, yesterday said Google would take 10pc of the cash collected via its One Pass digital newsagent service, with 90pc going to publishers.

Apple's system will see it take a 30pc cut from subscriptions bought through iPad and iPhone apps.
Google will also provide publishers with the names and email addresses of readers, while Apple has refused to share customers' details.
"You've got a very publisher-friendly approach; we basically don't make any money on this," Mr Schmidt said during a speech in Berlin yesterday. "The most important thing is to get the money to people who are producing high-quality content."
Mr Schmidt said Google would not profit from the service, and explained that the company's 10pc cut was to cover costs.

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