The Financial Times on Monday further established a possible impasse on iTunes subscriptions through a new interview. Managing director Rob Grimshaw said that direct subscriptions were "the core of our business model" and still didn't want to follow Apple's new rule requiring an iTunes royalty cut with reduced subscriber data. He insisted to Reuters that the FT's parent company Pearson had a "great relationship" with Apple, but he was prepared to drop the iPad to go to Android or another platform if negotiations didn't pan out.