FT admits ‘Mexican standoff’ with Apple | Media | guardian.co.uk


The FT refuses to pay 30% to Apple:

“It would be a backward step for us to go into relationships where we are denied access directly to readers, the existing business has been driven by that,” Grimshaw said. “We are also wary what we pay to third parties. With the existing model we don’t pay anything, now while I don’t rule it out giving away a third of the revenue is not right.”

But conveniently forgets that the cost of printing and distributing the on physical media would be more than 30%. Just saying.

Oh, and the fact that they use your personal details to profile you, then target your personal details for sale to the highest bigger ? That’s Facebook creepy.

FT admits ‘Mexican standoff’ with Apple | Media | guardian.co.uk: “”