Wednesday, February 16, 2011

Google Woos Publishers With Payment Service

Google Inc. unveiled a new payment system for online paid content that will give newspaper and magazine publishers a significantly larger share of revenues than a rival service offered by Apple Inc.

Under the new service, called Google One Pass, Google will keep 10% of revenues, compared to the 30% cut demanded by Apple for subscriptions sold through its online store. Google's service will also give publishers control of consumer data, something Apple has refused to do.

Subscribers to the new service, called Google One Pass, can access content on any participating website with one username and login. The system can be used to view individual articles, for full subscriptions and other payment plans.

Google's announcement, which comes just a day after Apple presented its own subscription service, reflects the intensifying competition between the two Silicon Valley giants in the booming market for smartphones, tablet PCs and other portable computers.

Apple has dominated the high-end of the market through with its iPad and iPhone, but competing devices that operate on Google's Android operating system are making inroads.



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