Netflix is ranked as the top-most app on iOS App Store in terms of worldwide consumer spend. Currently, subscriptions for Netflix on iOS go through the App Store’s billing process, but this might change soon as the streaming platform is reportedly looking to de-link subscription payments from the App Store, possibly to avoid paying Apple 30% of a user’s first subscription to the platform and 15% for renewals. Considering that consumers on App Store spend the most on Netflix, this could amount to a big chunk of money taken away from Apple, which is now the world’s biggest company after recently hitting the trillion-dollar market cap.
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