Time Magazine Reaches Agreement With Apple To Make iPad Editions Free For Print Subscribers

Posted May 2, 2011

Time Inc. and Apple Inc. (NASDAQ:AAPL) have made an agreement to make Time’s iPad edition free for print subscribers. This deal also applies towards Sports Illustrated and Fortune magazine subscribers. Time’s People magazine already has a similar deal in place with Apple. In several cases, print publishers make the cost of their iPad edition separate. Time Warner Inc. recently fired Time Inc. head Jack Griffin. As of right now, the Time Inc. team is being headed by three executives. [WSJ]