Tuesday, December 01, 2009

Four Magazines Partner up to Go Online

Time, Conde Nast, Hearst and Meredith are in discussions to partner and form a new company to create online access to magazines. The new entity will create the digital formats and develop an iTunes-like storefront, controlling distribution, pricing and profits.

1 comment:

Anonymous said...

This is a good thing. The newspapers and magazine publishers need to figure out a new model to generate revenue!