Can I make iBook available to buyers of print edition for free?

I am the publisher of an educational guide that gives careers advice to school leavers. Until now this has been produced in print format only and sent out to subscribing school and colleges.
I would now like to make the publication available in iBook format in addition to the print edition.
My proposed business model is to:
1. Publish print product and sell to subscribers AND
2. Publish iBook and sell through the iBookstore AND
3. Make copies of the iBook available for free via my own website to people who have bought the print edition. Can I password protect the free version so that only subscribers can gain access?
The print edition contains display advertising which I understand I will have to remove from the iBook. Am I allowed to keep links to sponsoring organisations and to educational establishments/training providers and employers that have paid to be included in a directory listing at the back of the publication?
Thanks for any clarification you can give.

"Mozilla" isn't a "search engine" - it makes programs that use the internet. Google, Bing, and Yahoo are search engines, among others.
Firefox, Chrome, IE, and Safari are web browsers.
As far as http://www.darimulutkemulut.com goes, takes forever to even start loading in North America and never loads completely enough for me to see any content at all.
That domain doesn't seem to have an IP address assigned to it.
http://domain-kb.com/www/darimulutkemulut.com

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