PimpMyNews Launches Paid iPhone App

PimpMyNews has announced the launch of a new iPhone/iPod Touch application yesterday. The new application can be downloaded from the iTunes App Store at a cost of $3.99.

CEO John Atkinson tells me, "For our users, this is much more than just another iPhone app. The back story is that we’ve spent the last year listening intently to our users, building out our backend news engine and APIs, and working on the requirements for this totally new front end that exploits the multimedia capabilities of the iPhone SDK. It’s much more than a text-to-speech news application now (it’s audio, video, images, text and enhanced social functionality – delivered on demand, based on user preferences)".

The app looks good from the screenshots I’ve checked out. I do wonder though… PimpMyNews is charging for an application that features content from around the Web. Should some part of the $3.99 go to the content creators? It’s not scraping like certain other blogs do, but it is using full content from sites across the Web. Or are you paying $3.99 for the application itself and the content isn’t included in the "transaction"?