- The service by Next Issue Media comes in the form of an app, has about 15,000 Android users, but will increase its user base drastically when the app comes to iPad.
- Next Issue Media is a joint venture between Time Inc., Conde Nast, Hearst, Meredith and News Corp. It was formed in 2009, and offers 39 titles.
- Users can get participating monthly and bi-monthly magazines for a subscription fee of $9.99/month, or upgrade to the premium option for $14.99/month, which includes weeklies.
From the article:
Major publishers' Netflix-like service for magazines has arrived on the iPad, putting the industry in a position to finally find out whether an all-you-can-read digital offering will help win new readers and encourage overall consumption.
The service, which comes via an app from Next Issue Media, has been on certain Android devices since April, but iPad availability will dramatically expand its reach. The app, which also sells individual subscriptions and individual issues, has fewer than 15,000 regular users so far.