Our philosophy is simple - when Apple brings a new subscriber to the app, Apple earns a 30 percent share; when the publisher brings an existing or new subscriber to the app, the publisher keeps 100 percent and Apple earns nothing.Steve Jobs (who’s still on medical leave) • In a statement announcing the new App Store subscription service, which reveals a pretty awesome financial path for publishers of all stripes. Apple will take their 30 percent revenue share if they lead to the subscription; if the publisher does it, they keep 100 percent. One interesting thing to note is the way that the service handles consumer information. Many magazine publishers make money by using consumer information from their subscriber base – a move somewhat at odds with Apple’s App Store model. In a compromise move, Apple will allow consumers to say how much information they want to give out. The overall model is similar to that of The Daily, which launched last month to general praise. source (via • follow)
Part one of our three-part exclusive with the Winklevoss twins debuts tomorrow, February 8th. Open the app tomorrow a.m. to get the latest issue.
This clip is hilarious. Is it really a David and Goliath story when you’re already won tens of millions of dollars and never have to work again in your life? Looking forward to this interview. Heh.
The Daily may be an iPad thingamabob but that hasn’t stopped Andy Baio from starting up a Tumblr called The Daily: Indexed.
The blog reproduces headlines from the Daily and links back to their hidden pages at TheDaily.com.
Says Baio to the New York Observer:
Frankly, I’m also very curious about the legal implications. My understanding is that linking to public news articles is unquestionably legal, and I believe that right should never be discouraged. It’s also worth noting that Google’s slowly indexing all the articles too, and search engines aren’t blocked in their robots.txt file. But I’m still recovering from a legal nightmare last year (more on that soon), so if asked to stop publishing and delete the Tumblr, I will.So far, The Daily seems cool with it. We’ll see if the time comes when they’re kicking and screaming as they’re dragged onto the open Web.
This is a really interesting issue, but the thing is, even if Baio does this, the advantages of the product don’t really show themselves on the Web – it’s the difference between reading just the text of a newspaper article and a distinctly tangible visual experience that few publications are doing to this degree. The thing that makes The Daily worth reading on the iPad (my girlfriend was messing with it for an hour last night – when’s the last time someone you knew did that with a newspaper?) is that you feel like you’re getting much more with it. And that’s what they’re expecting people to pay for. Not the articles. The experience.
Have to say… we just checked out The Daily. Honestly didn’t expect to be as impressed with it as we were. Visually, it’s stunning … some rough edges, but it makes the Wired app look like last year’s model. The modular masthead on the front page is creative. And the sheer density of the content is just insane. There is enough here to keep you reading for an hour. The editorial sensibility is very New York Post, though with a much softer and more beautiful edge. The Post snarkiness shows up in the briefs and the gossip page more than the main stories. It’s definitely a Murdoch pub. One feature of note: There’s a “By The Numbers” page that kinda reminds us of this site a little. The daily furniture is beautiful. There are share functions so it’s not closed off to the web. But more than anything, you get the overwhelming feeling of disbelief that you get all this stuff for 99 cents a week – and that’s a feeling that’s been missing from a lot of journalism lately. Will be interesting to see how others respond. source
Hey, Rupert, what’s shakin’? We hear you have a pretty big launch today. (webcast on now)
Test body copy. Test body copy2. Test body copy3. Test body copy4. Test body copy5. Test body copy6. Test body copy7. Test body copy8. Test body copy9. Test body copy10. Test body copy11. Test body copy12. Test body copy13. Test body copy14. Test body copy15. Test body copy16.
The Daily launches today, but their Tumblr doesn’t look ready for action just yet.
Were you just digging around for this, guys? :D