New York – Publisher Time Inc. (NYSE: TWX) has reached a deal with Apple (NASD: AAPL)
to offer free iPad versions of its publications to existing print subscribers,
The Wall Street Journal reported.
Subscribers to Sports Illustrated, Fortune
and Time magazine can now be authenticated and access free iPad editions of the magazines.
The
Journal noted that Time’s People magazine already had secured such an
arrangement with Apple, but added that most print publication subscribers currently must pay
separately for iPad versions.
The Journal also noted that,
in the wake of the departure of a number of Time Inc. executives who would
normally handle distribution talks with a company like Apple, Time Inc. general
counsel Maurice Edelson has been "spearheading talks with Apple for some time
and meeting frequently with Eddy Cue, Apple’s vice president of Internet
services."
Apple has yet to reach an agreement with
publishers on terms for iPad editions, including about what information about
iPad subscribers Apple will share with publishers.
Related Links:
http://tinyurl.com/3f7eout
(WSJ)
