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Time, Hearst, and Condé Nast team up for iTunes-like digital magazine service

The deal is helmed by Time executive vice president John Squires, and if it proceeds, it will be one of the biggest alliances in print media history.

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Computing | by Samuel Axon | Tue Nov 24, 2009 6:28PM | 1 comment

The New York Observer reports that Time Magazine executive vice president John Squires is leading an alliance of megapublishers Time, Hearst, and Condé Nast to build a digital distribution platform for magazines that will resemble iTunes in scope and style. The digital magazines would be usable on a wide variety of devices from laptops to cell phones and beyond.

This isn't the first we've heard that Time was working on this, but the partnership between those three companies ups the ante. Together, they control over 50 magazines including The New Yorker, Wired, and of course Time. If this plan goes through, it will be one of the biggest deals in print media history.

Right now the players are not only trying to figure out how best to distribute the content, but how to reinvent the magazine to make it consumable on any device under the sun and moon.

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Related company news:
Hearst, Apple, Time Inc., Condé Nast
Related devices and services:
Apple iTunes

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Elle Kasey external link (7:07 PM on Mon Nov 30, 2009)

It is a step well-overdue. If I could leaf through my magazines on the web in anything resembling the real thing, I would be the first to make the move. But I suspect the move online will mean more restricted content, less of it, pushing the envelope on ads beyond what websites do (I can see "blow in cards" falling out of my computer.) They'll want proprietary everything. Register and pay out the wazoo. I also suspect something I can do now - capture a recipe and import it into my recipe software fairly easily will become a tedious task.

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