MacWorld is reporting this. More info in the article.
Subscriptions for iOS apps will work much the same way as we’ve already seen with The Daily. Publishers can charge subscriptions on a weekly, monthly, bi-monthly, quarterly, semiannually, or yearly basis, and customers can sign up via in-app purchases that get automatically billed and renewed on their iTunes accounts. With this method, Apple takes 30 percent of subscription fees. Publishers are also free to make their subscriptions available outside of their apps, say, via their own Websites and to existing subscribers of a print edition.
