Time, Inc. and Apple have reached a deal that allows subscribers to the print editions of Sports Illustrated, Fortune, and Time to download the iPad versions of the magazines free of charge.
The Wall Street Journal reports that the deal is an expansion of a similar arrangement for Time’s People magazine, which has allowed print subscribers free access to the iPad edition since last August. Time and other major publishers still have yet to agree with Apple on terms for selling subscriptions to iPad editions of their publications, mainly due to Apple’s stance on sharing user information with the publishers, according to the report.
Time executives told the WSJ that Time general counsel Maurice Edelson has quietly been leading talks between the publisher and Apple, meeting frequently with Apple vice president of Internet services Eddy Cue. The same people said this latest deal is a sign that the two companies are moving closer.