Publisher Consortium Finally Announce Digital Mag Venture
After much speculation, a group of the biggest magazine publishers in the U.S. have finally announced a joint venture that many in the industry have been calling “Hulu for Magazines.”
Today, publishers Condé Nast, Hearst, Meredith and Time Inc. — and Rupert Murdoch-led News Corp. — announced their partnership in a project that will work to distribute and sell digital publication content. Like Hulu, the new venture is a joint venture between a number of big name media companies.
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