Though publishers will be happy with this news (rising printing costs), this story quotes some source which says that Apple would probably seek a 30% cut of all subscriptions sold via the App Store, and as much as 40% of the advertising revenue. Publishers want a fixed fee model.
Newspapers already offer digital versions of their titles on the iPad
, but these are distributed via apps rather than iBooks. Existing model is like-- a newspaper makes its iPad app, submits it to Apple, if approved, those users who opt for app on App Store get the newspaper.
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