TIME Fretting Over Lack of iPad Subscriptions. Meanwhile Financial Times Finds a Solution

From All Things Digital and our very own WebNewser:
Time Inc.’s iPad Problem Is Trouble for Every Magazine Publisher
Apple Continues to Reject Subscription-Based iPad Apps from Magazine Publishers
So, what is this big problem? That’s right, Time and other e-magazine publishers are fretting over not being able to offer subscriptions instead of issue-by-issue purchasing.
However, the Financial Times iPad Editon (e-financial newspaper) seems to have solved this problem. After the free use period for the app’s contents ends on July 31, you can get access to the full contents by subscribing to the FT.com website. This seems like a simple and reasonable solution to me.
TIME and other iPad magazine apps have another problem though: High prices! TIME charges $4.99 for new and back issues. That’s $259.48 per year. TIME’s hard copy paper subscription is priced at $20 for 1.5 years and special issues. The math doesn’t make sense even if the subscription price is 50% off of the individual issue price.