FT still negotiating with Apple over iPad sub

The Financial Times is yet to sign up to Apple’s new in-app purchasing terms, despite publishers being forced to agree or quit iOS next month.

At the World E-reading Congress in London this week, the FT’s product management head Mary Beth Christie said: “We’re still in discussions with them… We’ll see where they go. But we are fixed on the idea of holding on to our consumer data.”

In 2010, the iPad contributed a tenth of the FT’s new digital subs.

Apple’s new terms, which will see it take 30% of all in-app transactions, will come into effect from June 30. Hearst, Conde Nast and The Telegraph have all signed up so far.

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