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New York Times Starts Business to Help Publishers on IPads

New York Times Co., owner of the namesake newspaper, started Press Engine, a business designed to help other publishers deliver content to digital platforms such as Apple Inc.’s iPad and iPhone devices.

Times Co. will collect license fees and maintenance fees from publishers and media organizations that use the technology and design solutions for digital distribution. Individual publishers will continue to control and own their advertising and subscriptions, the New York-based company said today in a statement.