New York – Apple (NASD: AAPL) has reportedly "accelerated" its
efforts to sign publishers onto its plan to sell digital newspaper and magazine
subscriptions, according to The Wall Street Journal.
The company has spoken
with Time Inc. (NYSE: TWX), Conde Nast, News Corp. (NYSE: NWS) and Hearst about such a service — which
could be introduced as early as next month, or held until the launch of a new
iPad model next year, sources told The Journal.
Sticking points have reportedly
included the potential loss of access to a subscriber’s personal information by
publishers that an Apple-run service may create, and Apple’s typical 30% cut of
media sales from its iTunes Store.
(DMW previous coverage)