Flipboard to Carry Movies, TV Shows and Ebooks

The platform is only available on iPad. However, in a few weeks, there will be an iPhone version that can be used on an iPod Touch as well.

By the end of the year Flipboard will be more than just a social magazine. The Palo-Alto based company plans to cut some awesome deals with studios to carry movies and episodes of TV shows, running right into Facebook, Netflix and Hulu territory.

Chairman and Chief Executive Mike McCue said he plans to take on the video project at the end of the year. But gave Reuters no indication as to which studio he hopes to approach.

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