Apple to take reported 30% cut from podcast subscriptions

By news@appleinsider.com (Will Shanklin) Apple’s new podcast subscription service will reportedly take a 30% revenue cut during podcast publishers’ first year on the platform.Apple’s podcast subscription service launches in MayApple announced its podcast subscription service at its “Spring Loaded” event on Tuesday. While the company was vague on financial details for podcasters, Recode has uncovered …

Source:: Apple Insider