Publishers to build an iTunes for magazines

Brian Stelter of reports that a “consortium of magazine publishers including Time Inc. and Conde Nast are jointly building an online newsstand for magazines in multiple digital formats, according to people familiar with the plans. The formation of a new company to run the online newsstand — sometimes characterized as an ‘iTunes for magazines’ — may be announced in early December. Time, Conde Nast, Hearst, and Meredith all intend to be equity partners in the new company, although the deals have not yet been signed.

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  • Kaolin fire (GUD Magazine)

    I so want in on that. :). Magazines need a place where they can stand out from books.

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  • Emily

    This is exactly the kind of advancement that needs to be made in order to fully transform print media to online/digital media… now if everyone just had an iPhone we wouldn’t even need to make paper anymore.