Apple has finally worked out the kinks in its subscription payment service. Now, magazines and other apps that offer fresh content on a regular basis can charge receive recurring payments through iTunes.
The catch is that iOS developers must sell the subscriptions through iTunes, with Apple taking a 30 percent cut. “All we require is that, if a publisher is making a subscription offer outside of the app, the same (or better) offer be made inside the app, so that customers can easily subscribe with one-click right in the app,” said Steve Jobs.
The announcement is generating the predicable outcry from developers and publishers who don’t like the terms of the deal.