Magazine Publishers Team Up for Digital Distribution Venture

On the heels of Time Inc.’s digital magazine concept, some of the biggest names in magazine publishing have teamed up to get with the program and possibly save the industry. According to the press release, Conde Nast, Time Inc., Meredith, Hearst, and News Corporation have joined forces “to develop open standards for a new digital storefront and related technology that will allow consumers to enjoy their favorite media content on portable digital devices.”

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