What's Black and White and Could Get Newspapers Out of the Red? Apple's iPad

Many newspapers have released their own iPad apps, such as ths one from the Wall Street Journal. According to rumors, Apple aims to supplement those apps with an iTunes-based newspaper subscription service. News Corp.

From FOX News:

Paper meets plastic? Apple may be set to announce a new subscription plan for newspapers, the San Jose Mercury News reported.

The paper reports that Apple is in talks with major metropolitan newspapers in the hopes of creating a business model around the growing popularity of its tablet computer, the iPad.

Such a deal would come at a time when many traditional media companies are struggling with the transition from print to digital. Newspaper sales continue to erode and there seems no end in sight for the long-term decline in advertising revenues, experts say.

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