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This seems to be what Apple Arcade is doing. You pay a subscription to Apple and get access to curated games with no ads or microtransactions. Apple pays the developers, although I don't know how.

AFAIK it's going pretty well. I don't actually own Apple Arcade, but the games all look really nice, and no ads or microtransactions. Maybe someone who knows more can comment.

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I do not have time to research to which games are implementing loot boxes or other gambling mechanics or showing them ads, so restricting my kids (while they are too young) mostly to Apple Arcade solves that problem for me.

Although, who knows, maybe if Apple Arcade is compensating game makers by how much time is spent playing their games, then those tactics will be present in Apple Arcade too.

Apple Arcade basically pays out to buy the game and put it in a store. Think of it more like Apple TV+ Original rather than Apple Music. ( Up Front Cost Vs Continuous Cost ).

Although there are some split in Apple Arcade for maintenance.

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