If the New York Post is be believed, Conde Nast, the company behind such publications as Wired Magazine, GQ, Galmour, Golf Digest, the New Yorker and others, will soon begin selling subscriptions on the iPad.
The rumor says that the company will start with the New Yorker as early as next week, largely in part to do with the added interest in the killing of Osama Bin Laden. The other magazines mentioned above would also receive a launch date, albeit later in the month.
Pricing will reportedly start at $19.99 for a full year’s subscription, which is a vast discount over the single-issue price, which started at $4.99 per issue for the New Yorker and $3.99 for Wired or GQ.
Earlier this Spring Apple introduced their subscription model. However, the news has been met with tepid results. Subscription numbers have dwindled after launch and publisher are frustrated with Apple’s 30% commission on all sales and unwillingness to share subscriber information.
As of this posting, Hearst is the only publisher to officially announce plans for iPad subscriptions. However, Time, Inc. announced that they’ll produce iPad editions of Fortune, Sports Illustrated, and Time for free to print subscribers.