Apple unveiled a new subscription plan for its App Store that is modeled off the one used with the 99-cent-per-week iPad app, The Daily. The plan is designed to streamline in-app purchases, and while it gives publishers and developers license to market their goods outside the App Store, it imposes some restrictions that may deter some big-name companies like Netflix and Amazon from participating.

Here's a look at the App Store subscription policies:

Price and Length of Subscription: Publishers can set their subscriptions to be weekly, monthly, bimonthly, quarterly, bi-yearly or yearly. Just like subscribing to a regular magazine, the customer pays upfront for the length of the subscription. Subscriptions are managed through the user's iTunes account.

More: http://www.pcworld.com/article/219702/