Apple may soon announce a newspaper subscription plan for its iPad tablet device.
The San Jose Mercury News has claimed that the consumer electronics giant is planning to launch an exclusive newspaper plan to be offered from the app store..
According to an anonymous source familiar with the matter, the company has decided to integrate an opt-in feature, enabling users who have subscribed to the service to share their personal data with newspaper publishing company, Apple Insider reports.
The article has quoted Roger Fidler, head of digital publishing at the Donald W. Reynolds Journalism Institute of Columbia, stating that Apple may charge nearly 30 per cent from every subscription made on the iPad, along with 40 per cent of advertising revenue gained from subscriptions.
"Publishers wanted to pay Apple fee rather than a cut of subscription and advertising revenue and are not happy with Apple's terms. They had hoped to offer app editions as part of subscription bundles that include print versions," the report said.