Apple announced the terms of their new digital magazine subscription model yesterday in an agreement with app developer and digital publisher Texterity, which they posted on their web site last night. It clears up a number of concerns to the publishing industry, and finally clears the hurdle for existing subscribers of print content not having to pay again for a digital version of the same magazine.

From the Texterity Web Post:

Publishers can sell print subscriptions, and offer “digital companion” access through an app as long as there is no additional fee for those subscribers. It’s a way to offer another incentive for print subs to stay loyal and engaged. Read more

If you’re a regular reader of the Sports Illustrated (SI) publication for the iPad, you may have noticed something unusual / different in the latest issue. The SI iPad edition is now only viewable in landscape mode, no longer supporting portrait mode as it did in previous issues.

I am amazed at how much negative feedback there is for iPad digital magazines that do not offer a way for existing subscribers to receive the iPad content free, or at least for a substantially discounted amount.

The many 100’s of one star ratings dwarf and seem to negate the few good reviews the magazine may have received for interactive content features, and I wonder if this is leading to reducing production costs already and only supporting one orientation.

Sports Illustrated is not the only one suffering, Wired Magazine, The New Yorker, Fortune, Times, the list goes on with overwhelmingly bad reviews.

While the reading experiences are compelling, the lack of subscription business models are really hurting the potential of this entire medium, and I do hope that Apple, the publishing industry and tool providers can come up with a solution, soon…

Click through to read the rest of Matt’s Tinsley’s article…