Apple to let media apps avoid 30% fee after global scrutiny - News Summed Up

Apple to let media apps avoid 30% fee after global scrutiny


Apple to let media apps avoid 30% fee after global scrutinyThe Apple logo on a signpost at the entrance to one of the offices at its headquarters in Silicon Valley - Cupertino, California. The Cupertino, California-based technology giant said the change will go into effect globally early next year for so-called reader apps spanning content like magazines, newspapers, books, audio, music and video. To date, Apple has forced such applications to use its in-app purchase system, which gives Apple up to a 30% commission on downloads and in-app subscriptions. The latest news helps the company achieve a settlement with Japan’s regulator, which is now closing its investigation into the App Store. Still, this will not impact mobile games, which are solely based on microtransactions within the app, and account for about 70% of App Store spending.


Source: Bangkok Post September 02, 2021 04:30 UTC



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