The result? A magazine available for as little $39 a year in print was costing upwards of $250 a year in its iPad format. Under terms unveiled Thursday, Time will be available for $30 a year; Sports Illustrated for $39 annually, with print subscribers able to access the magazines in tablet format. Twenty of the company’s magazines will be available for subscription, officials said.
Neither Time nor Apple officials would comment on what, if anything, resolved the standoff. “Our goal is to offer content where our consumers want to read it,” Time Inc. CEO Laura Lang told the New York Times.
The Time Inc. apps are compatible with iPads running iOS 4.0 or later, and are part of the Newsstand for tablets running iOS 5.0 or later.
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