updated 11:10 am EST, Wed February 2, 2011
Plans to be unveiled during The Daily intro
Apple has inadvertently revealed an in-app subscription option for iTunes. A change to the software's terms and conditions exposes the feature. "A new 'In-App Subscriptions' section has been added to the Terms and Conditions to explain how in-app subscriptions auto-renew, how the auto-renewal can be managed and turned off, and that we may request permission to provide personal information to the Licensor for marketing purposes which, if declined, will not affect your purchase."
The company will likely formally announce plans during today's debut of The Daily. Live coverage can be followed on MacNN. The publication is iPad-only, and should depend on push subscriptions to achieve its namesake schedule.