Rumor has it newspaper subscriptions may be on the horizon for Apple’s (News - Alert) App Store since their recent agreement to take on Amazon’s Kindle service. While Apple has not confirmed this report yet, word of the possible applications are spreading quickly.
According to a SlashGear article today, Apple is pushing for subscription plans – from which it would take a cut – whereas the papers themselves wanted a set fee. Still, they’re pushing ahead with the proposal in an attempt to turn around declining revenues in print.
While there isn’t much evidence to back this claim just yet, if there is truth to it, Apple will be expected to obtain 30 percent of all subscriptions sold for the iPad. As if other tablets didn’t have enough competition with the iPad, now Apple seems to be going after the newspaper market as well.
Another recent TMC (News - Alert) report notes however, that might not be the case. With the advent of most modern tablet PCs, the focus is now being shifted from simple eReaders to sophisticated devices like iPads.
The report noted that while the potential threat from devices like the iPad still exists, the eReader market is expected to grow from 12 million units by the end of this year to 35 million by 2014, according to In-Stat (News - Alert).
Stefanie Mosca is a copy editor for TMCnet. Previously she worked as a freelance copy editor for Digital Surgeons LLC. She holds a master�s degree in journalism from Quinnipiac University and a bachelor�s degree in communication from the University of New Haven. To read more of her articles, please visit her columnist page.