‘iTunes for the Magazine Industry’ to Launch Paid Model

Maggwire.com, a platform that provides magazine publishers with a framework for monetizing online content, recently announced plans to launch a ‘Premium’ service next year.

The platform's beta version allows readers to browse magazine articles—currently almost 10,000 per week, including Time, PCWorld, Vogue and Yachting, among others—free of charge. But “Just as iTunes proved people will pay for reliable music downloads, people will pay for a personalized magazine experience that delivers reliable content,” said Maggwire co-founder and CEO Ryan Klenovich. With this in mind, the company plans to launch a paid service to facilitate magazine content monetization.

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