Bloomberg Businessweek joins Maxim, Elle and Popular Science on the iTunes Store
The iTunes magazine subscription list grew by 33% Monday when Bloomberg L.P. agreed to Steve Jobs' terms and began offering subscriptions to the iPad version of Bloomberg Businessweek on the iTunes store.
That makes four magazine publishers willing to give Cupertino 30% of each subscription sold and take the risk that they will never know who bought it.
In return, the publishers will gain access to the 14.8 million potential readers who bought iPads last year and the 40 or 50 million or more who are expected to buy one in 2011.
Most publishers have balked at Apple's (AAPL) subscription terms and instead sell only single issues of selected titles on the iPad.
Below: The Wall Street Journal's list of publishers who have and have not agreed to Apple's terms.
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Major executive shakedown over at Chinese business-to-business service Alibaba.com. CEO David Wei and COO Elvis Lee took responsibility and resigned over fraudulent company activity that they were reportedly not involved in. An internal probe found that 2,000-plus vendors on the e-commerce site submitted fake business MORE JP Mangalindan, Writer - Feb 22, 2011 5:00 AM ET
A story in the Wall Street Journal sends shares up 2.75% in after-hours trading
Rumors that Apple (AAPL) is developing an iPhone for Verizon (VZ), which have been circulating for nearly two years, picked again in the last week. One source has been telling any reporter who would listen that Verizon tech support is already being trained to support the new device.
But it took a story in the Wall Street MORE
Philip Elmer-DeWitt - Mar 29, 2010 6:39 PM ET
Online publisher Stratfor provides news and information people are willing to pay for.
George Friedman is not in the business of journalism. He wants to make that clear. But while traditional media organizations are on the decline, Stratfor, the Austin, Tex.-based global intelligence company he started in 1996, is on the rise as readers look for alternatives to the ailing international sections of their daily papers.
Stratfor publishes online analysis of global MORE
Jessi Hempel, writer - Jan 14, 2010 6:00 AM ET