The shift is happening. Consumers are embracing new tablet technology in ever-increasing numbers, something publishing companies are both anticipating and dreading.
Anticipating if it means new readers and revenue avenues, but dreading it if it cripples the publishing industry as many believe that tech killed the music industry.
InvestorPlace is calling the early winners in the tablet trend, and it should come as little surprise that Apple is on the list.
The Wall Street Journal suggested Wednesday that Apple is at risk for an antitrust investigation into its current subscription policies. In the meantime, Apple has the digital periodical business by the nose. With 70% of the tablet market under its control, any publisher looking to make an impact needs Apple. Time Inc.’s willingness to dance with everyone else at the ball may work for them, but everyone else is at the company’s mercy. That means Apple will be taking a 30% cut of many subscriptions, and every other app sale, for the foreseeable future.
Read the whole post at InvestorPlace.
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