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Magazine publishers announce joint digital distribution scheme
The joint venture between four leading publishers has issued a press release highlighting a few of the finer points of its plan to create a platform for digital magazine distribution -- we guess that The New York Observer wasn't kidding when it said that a deal between Conde Nast, Hearst, Meredith, News Corporation, and Time Inc. was imminent. Essentially a vehicle for selling publications for just about any device (including smartphones, e-readers, and laptops), the content will be optimized for multiple operating systems and display sizes, and according Time exec John Squires, it will all be DRM-free. They've yet to announce a name for this beast -- although we're leaning towards Magulu (or, perhaps, the iMags Store). PR after the break.
Magazine publishers said to be 'very close' to digital distribution deal
Rumors of magazine publishers striking a deal to make their content available for digital devices -- even a certain tablet -- have been around for quite a while now, but it looks like something may finally be close to really happening. As The New York Observer reports, Time Inc. exec John Squires has been taking the lead on the initiative (and is apparently set to become interim head of the new company), which would see rival publishers including Time, Condé Nast and Hearst join together to make over 50 magazines available in digital form, and for a variety of devices. Details are otherwise a bit light, as you might expect, but one source familiar with the situation reportedly says "it's very close and more imminent than it's been," while others familiar with the plans say they "compare to iTunes," and that you'll be able to buy "new and distinct iterations" of magazines like of The New Yorker or Time -- and even actual print editions, for that matter.
