Time Inc. relents on digital magazine prices
For the past few months, Time Inc. has been at odds with Apple over magazine subscription models in the App Store. The publishing giant took a big step forward this week in announcing that People Magazine for the iPad will now be free for those who subscribe to the paper version, though that doesn't seem to address the company's initial complaint.
Time's original intention was to have users download an app from the store and then pay them directly for future issues. Apple refused, forcing Time to sell single copies of the magazine. That's still the case for most customers, but subscribers can now consider a digital copy a part of their subscription.
People is the first title to adopt this model, and its expected that other properties, like Fortune, will soon follow suit. In the end, subscribers are happy -- but the publishers still can't sell subscriptions through their apps.
[via Apple 2.0]
