Consortium to Give Maghound Bite?
A consortium Time Inc. is trying to assemble for the industry to sell digital editions of magazines could provide a fix for Maghound, the company’s flagging online magazine subscription service.
Time Inc. launched the Netflix-like service a little over a year ago as a new way to sell Time Inc.’s and rival publishing houses’ titles. But the service has struggled to grow subscription sales and attract participation of non-Time Inc. publishers.
In addition to a reluctance to hand over their subscription sales to Time Inc.,
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