Publishers Make Plans for Devices Yet to Come
Five major magazine and newspaper publishers announced plans on Tuesday to build an industry-standard platform to present their work on the Web, smartphones and electronic readers in a richer, more flexible and more lucrative form than is possible today.
The consortium of Time Inc., Condé Nast, the Hearst Corporation, Meredith and the News Corporation does not lack for ambition, hoping to create software primarily for devices that do not yet exist — cellphones that are somewhat more advanced than anything now on the market, and e-readers far more sophisticated than today’s mostly static black-and-white devices.
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