Google Lowers Play Store Fees To 15% on Subscription Apps, as Low as 10% for Media Apps (techcrunch.com) 7
Google is lowering commissions on all subscription-based businesses on the Google Play Store, the company announced today. From a report: Previously, the company had followed Apple's move by reducing commissions from 30% to 15% on the first $1 million of developer earnings. Now, it will lower the fees specifically for app makers who generate revenue through recurring subscriptions. Instead of charging them 30% in the first year, which lowers to 15% in year two and beyond, Google says developers will only be charged 15% from day one. The company says 99% of developers will qualify for a service fee of 15% or less, as Google is also further reducing fees for specific vertical apps in the Play Media Experience Program. These will be adjusted to as low as 10%, it says.
Where? (Score:2)
I received an email saying that for this 15% to apply to my app, I had to explicitly apply in the Developr Console. But I was never able to find where in the console to apply. Does anyone know where to find the form?
Re:Where? (Score:5, Funny)
In the bottom of a locked filing cabinet stuck in a disused lavatory with a sign on the door saying "Beware of the Leopard."
Your move, Apple. (Score:2)
Can't wait to see how Apple tries to spin this. No doubt they'll claim that "lower fees increase the presence of scamware/malware apps, and so our higher fees protect our users blah blah blah"
Re: (Score:1)
More likely they'll have worked together on this and there'll be a similar announcement from Apple soon.
This is probably an attempt to stave off what would otherwise be inevitable regulation. In an open competitive market, for what they provide, even 10% is still much too high, that's where companies like Paypal, Visa, and Mastercard used to be before being whittled down to the fractions of a percent through competition.
So they've probably liaised with Apple to come up with figures that are still grossly extortionate in the grand scheme of things, but enough of a drop for them to say "Hey, we've cut fees by 50%".
GODDAMMIT, Quit Lying!
Both Apple and Google do a LOT more than simple Payment Processing, and you fucking well know it!
Just stop lying about this.
Re: (Score:2)
Media definition (Score:4, Insightful)