The headline sounds great, but there is catch but it’s not all bad. The Wall Street Journal reports that Time Warner, the parent company of publisher Time, Inc., has finalized a deal with Apple that allows subscribers of its print magazines to download digital versions for the iPad for free. The arrangement goes into effect immediately and includes Time, Fortune, and Sports Illustrated magazines and their respective iPad apps.
"Subscribers to Sports Illustrated, Time and Fortune magazines will be able to access the iPad editions via the apps, which will be able to authenticate them as subscribers".
The Time Magazine iPad app has already received an update this morning that allows subscribers to the print version to enter their credentials to access digital issues at no additional charge. The evidence of this arrangement between Time Warner and Apple first appeared last August when subscribers to the print version of People Magazine gained the ability to download digital versions through the iPad app for free.