Apple News head of business Liz Schimel departs, Apple seeking replacement

Citing people familiar with the matter, Bloomberg on Tuesday reports Schimel recently stepped down from her position as "head of news business" at Apple. Her departure comes less than a year after Apple News+ launched last March.

Schimel was hired by the Cupertino tech giant in mid-2018 to manage relationships with new publishers and advertisers. Before her time at Apple, the media veteran served as president of Conde Nast International and was named entrepreneur-in-residence (EIR) at Comcast Ventures in January 2018. Prior to 2018, she served as chief digital officer at Meredith Corporation, held VP roles at Nokia and AT&T, and served as SVP of Entertainment at Comcast from 2005 to 2008.

Apple is looking to replace Schimel with a "notable name" from the publishing world, the report said.

News of the executive's departure arrives as Apple looks to strengthen its burgeoning services arm. Apple News is a major pillar of the company's services strategy alongside relatively new products like Apple Music and Apple TV. The category also includes legacy products iCloud, iTunes and Books.

Launched in 2015, Apple News initially served as a free first-party news aggregator for iOS. A $10-per-month subscription tier debuted last year with support from a number of high-profile publications including People and dailies like The Wall Street Journal and the Los Angeles Times. Apple was unable, however, to negotiate deals with big-name papers such as The New York Times and The Washington Post, both of which offer their own subscription services.

Following what was at the time described as an impressive launch, Apple News+ has over the past months failed to attract a significant number of new subscribers, according to a report in November. Beyond slow growth rates, publishers participating in the service have complained of lower than expected revenues, an issue Apple has been working on since last June.

Apple is reluctant to share precise subscription numbers detailing its various services and instead offers only vague metrics and empty platitudes. In an earnings conference call last week, CEO Tim Cook said News "draws over 100 million monthly active users in the U.S., UK, Australia and Canada," but failed to report subscriber figures or reveal how many publications are participating in the service's paid version.