Fortune is reporting that Apple and Time Inc. have finally come to an agreement, and Apple is now allowing Time to offer their print magazine subscribers free access to corresponding issues published on the iPad. Additionally, non-subscribers can purchase individual issues for $3.99.
Until now, the iPad versions of People, Time, Sports Illustrated and Fortune have cost the same as the newsstand price — $3.99 for each issue of People, $4.99 to $5.99 each for the rest — even if you were are already paying to get the paper edition in the mail.
That changed with this week’s People iPad app, which is, for the first time, free to People subscribers. Fortune and the rest of Time Inc.’s (TWX) flagship magazines are expected to adopt the same pricing structure within the next 30 days.
Sounds like a good deal. However, and this is the shame of it, you still can’t subscribe to the magazine from within the app.
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