In a major shake-up, technology giants Google and Apple have reportedly been testing a new revenue sharing model for developers that would give them more money when users subscribe to a service via their apps. Also Read - Apple co-founder Steve Jobs' job application sold for over Rs 2.5 crore
“Instead of keeping 70 percent of all revenue generated from subscriptions, publishers will be able to keep 85 percent of revenue once a subscriber has been paying for a year,” a report on technology website Re-Code said on Thursday. Also Read - Google, Facebook make vaccination mandatory for employees returning to office
However, there’s one big difference between the announcements of both the companies. For Apple developers, the split will only be given after a consumer has been subscribing to a service for more than a year. But unlike Apple, instead of requiring developers to rope in a subscriber for 12 months before offering the better split, Google will release the money right away.