Apple's news app will reportedly serve up content from big media partners including ESPN, the New York Times, and Conde Nast and Hearst, sources say. Instead of the Newsstand app, individual publishers can distribute apps through the App Store like any other developer.
Publishers will keep all the revenues from advertising they sell within the new app; however, Apple will continue to take their standard 30% cut from subscriptions sold through the app.
The report does not mention if the new news app will be an iOS 9 release, or something that will roll out with iOS 8.4.
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