Will it fly? Are magazine articles worth anything outside the glossy covers of their publications?
A consortium of magazine publishers including Time Inc. and Condé Nast plan to jointly build an online newsstand for publications in multiple digital formats, according to people with knowledge of 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, Condé Nast, Hearst and Meredith all intend to be equity partners in the new company, although the deals have not yet been signed.
via Group of Publishers Is Said to Be Building a Newsstand Online – NYTimes.com.