Newspaper Subscriptions Coming to iPad?

John Boudreau at Mercury News:

Apple is expected to announce soon a new subscription plan for newspapers, which hope tablets like the iPad will eventually provide a new source of profits as media companies struggle with declining print circulation and advertising revenue.

In short, Apple may do to newspapers what they did to the music industry. I don’t see a lot of newspapers being willing to give Apple 30% of their profits from this, but do they really have much of a choice?

[via 9 to 5 Mac]