The Apple controlled iPad Magazine News Stand materializes.
There is finally a lot of activity around the iPad magazine subscription topic. Last week Hearst agreed to join Apple's magazine subscription model and now Conde Nast is also a part of it. According to MediaMemo, the updated New Yorker iPad will allow users to subscribe to individual issues for $1.50. The yearly subscription for the New Yorker iPad edition is only $59.99 - $10 less than for print. Print subscribers get the iPad editions for free.
Don't Miss: iPhone 8: Everything You Need to Know
There is no word yet which other magazines Conde Nast will release under the Apple iPad magazine subscription model. As reported Times Inc. has come to a deal with Apple to offer the iPad editions to print subscribers for free. So far they did not join the Apple subscription model yet.
Buy Now: Sony PlaysStation VR In Stock Here
Apple's Magazine Subscription model requires publishers to give Apple a 30% revenue share on top of several requirements, like sharing customer data and not offering the subscriptions at lower prices anywhere else. These requirements have so far not found many adopters. Finally we see though movement in this area. I assume Apple is hard at work convincing publishers to join their business model for magazines.