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Time looking to kick out the e-readers after all?

Laura June

Hey -- this one makes sense, so we shouldn't be too surprised, but it turns out that Time, Inc. is seriously looking into getting into the e-reader business, according to a leaked presentation from June of this year. The slides, which are entitled "New Platforms & Business Models for Publishers," also contained notes which had been updated as late as this past August, indicating that Time has plans to launch a product as soon as the end of this year. Though Time had said back in March that it had "no interest" in getting into the e-reader biz, it's not terribly shocking to hear that they were either fibbing or changed their minds, considering how the market's been heating up lately, combined with the deaths of many, many print mags. NBC contacted Dawn Bridges -- a spokesperson for Time -- about the story, who said the company is "speaking with a number of hardware and software companies as well as other content companies about various projects." Vague enough for you?

[Via Gizmodo]

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