Hearst Reaches Deal with Apple, but Conde Nast Looks to Strike First
Late yesterday afternoon, The Wall Street Journal reported that Hearst had finally struck a deal with Apple for subscriptions on the iPad. Starting with the July issues of Esquire, Popular Mechanics and O, The Oprah Magazine, consumers can begin to subscribe with the Apple system for for $1.99 per month, or $19.99 a year.
Getting Hearst to cave was obviously a big win for Apple, so Steve Jobs was surely smiling somewhere.
Then, not long after this news broke, rumors started to swirl that Conde Nast was going to beat
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