Apple Launches Subscriptions For Content-Publishers On The App Store

As we heard at the Daily's launch a few weeks ago, Apple was planning to launch a new subscriptions model for content-publishers on the App Store. And today, Apple is officially announcing the new service for magazines, newspapers, video, music and more on the App Store. Here's the revenue breakdown: When Apple brings a new subscriber to the app, Apple earns a 30 percent share; when the publisher brings an existing or new subscriber to the app, the publisher keeps 100 percent and Apple earns nothing. We've pasted the release below.

POWERCHIP SEMICONDUCTOR PRICELINECOM QIMONDA QUALCOMM QUANTA COMPUTER