The Financial Times is reporting that its own iPad app will be first released in Europe and then in the US in late April. The first two months of free access will be sponsored by watchmaker Hublot, and thereafter it will cost the same as the FT website.
Time has signed up six advertisers, each paying about $200,000 each and the WSJ has six, each paying about $400,000 each. FedEx will have ads appearing in the WSJ, Newsweek and Thomson Reuters. The Thomson Reuters app will be free and FedEx will be the exclusive advertiser until July.