Apple and Time settle their differences

Thu, Jun 14, 2012

News

All Things D reports:

Apple and Time Inc. have settled their differences: The giant publisher is now selling subscriptions to its iPad magazines directly from the apps themselves.

If that seems like non-news, consider that it took the two companies two years to figure this out.

Up until now, Time Inc. has been the notable exception to Apple’s digital subscription plan, which lets publishers sell access to their digital titles from within its iTunes store, in exchange for certain concessions. For instance, the publishers don’t automatically get to see all of a subscriber’s personal information, and Apple collects a 30 percent fee for each subscription it sells at its store.

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