October 6, 2024

FT Still in Negotiations With Apple Over iPad Subscriptions

Posted May 10, 2011 at 1:04pm by iClarified · 4814 views
The FT is still in negotiations with Apple over its new in-app purchasing terms that will be enforced starting June. Apple is demanding that all subscription sales be offered via in-app purchase; however, the Financial Times is not ready to give up its access to customer data.

"We're still in discussions with them," FT product management head Mary Beth Christie told paidContent:UK at World E-reading Congress in London on Tuesday morning. "We'll see where they go. But we are fixed on the idea of holding on to our consumer data."

The iPad contributed to 10% of the FT's new digital subscriptions in 2010. Not being able to sell subscriptions via their iOS app would be a significant setback.

Recently, Conde Nast announced that it has reached an agreement to bring eight of its magazines to the iPad via in-app subscriptions.

Read More [via MacStories]